The majority of US gas is produced from shale gas wells. The shale boom has allowed the US to become the largest gas producer in the world. In fact, according to BP, shale gas will transform North America from a net importer today into a net exporter by 2016. Despite its shale gas bounty, the US is not self-sufficient in this area and is still importing some gas. Download and read the PDF for Natural Gas Market Dynamics.
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