Read the rest of the claims and Popular Mechanics' take on them by clicking here.
Claim No. 1"WE ARE THE SAUDI ARABIA OF NATURAL GAS."
SEN. JOHN KERRY, D-MASS., MAY 2010
Less than a decade ago, industry analysts and government officials fretted that the United States was in danger of running out of gas. No more. Over the past several years, vast caches of natural gas trapped in deeply buried rock have been made accessible by advances in two key technologies: horizontal drilling, which allows vertical wells to turn and snake more than a mile sideways through the earth, and hydraulic fracturing, or fracking. Developed more than 60 years ago, fracking involves pumping millions of gallons of chemically treated water into deep shale formations at pressures of 9000 pounds per square inch or more. This fluid cracks the shale or widens existing cracks, freeing hydrocarbons to flow toward the well.
These advances have led to an eightfold increase in shale gas production over the past decade. According to the Energy Information Administration, shale gas will account for nearly half of the natural gas produced in the U.S. by 2035. But the bonanza is not without controversy, and nowhere, perhaps, has the dispute over fracking grown more heated than in the vicinity of the Marcellus Shale. According to Terry Engelder, a professor of geosciences at Penn State, the vast formation sprawling primarily beneath West Virginia, Pennsylvania and New York could produce an estimated 493 trillion cubic feet of gas over its 50- to 100-year life span. That's nowhere close to Saudi Arabia's total energy reserves, but it is enough to power every natural gas—burning device in the country for more than 20 years. The debate over the Marcellus Shale will shape national energy policy—including how fully, and at what cost, we exploit this vast resource.
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