Undiscovered Gas in US Gulf Coast Could Power Nation for 14 Months ...Middle East

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Undiscovered Gas in US Gulf Coast Could Power Nation for 14 Months
source : OILPRICE ( Middle East ) () 38
An assessment by the US Geological Survey reveals potential undiscovered oil and gas in two formations under much of the US Gulf Coast from Texas to Florida. The survey detailed that here are technically recoverable resources of 35.8 trillion cubic feet of gas and 28 million barrels of oil. That’s enough gas to power the entire United States for 14 months at the current rate of consumption, the USGS said in a note. “USGS energy assessments typically focus on undiscovered resources – areas where science tells us there may be a…

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