I am so old I can remember when all the best minds told us we had reached peak oil and we could not drill our way out of it.
NICOLE JACOBS AND DAN ALFARO:
“….This infusion of capital will result in roughly 3,500 miles of new, repurposed or replaced pipelines across Ohio, Pennsylvania and West Virginia and generate more than 124,000 jobs.
The Appalachian Basin is projected to produce roughly 31.6 billion cubic feet per day (bcf/d) of natural gas in March, according to the Energy Information Administration. The bulk of this extensive and much-needed regional infrastructure build-out is focused on expanding take-away capacity, enabling the Marcellus and Utica shale gas produced here to be used not only within the tri-state but across the country and even globally.
EID’s new infographic shows construction of all proposed pipelines will add nearly 23 bcf/d of natural gas pipeline take-away capacity. That’s enough room to move nearly 72 percent of the natural gas produced in the region…”