3617 Lexington Rd. Winchester, KY 40391
Telephone: (859) 744-6171 Fax: (859) 744-6552

Supply and Demand

Supply

Abundant supplies of natural gas are available right here in the United States at competitive prices to help meet the nation's growing energy needs. Our nation's abundance of domestic natural gas provides an opportunity to satisfy significant new demand well into the future, and offers an incredible opportunity to deliver energy value to American homes, fuel U.S. manufacturing and help provide a cleaner option for vehicles, thus reducing our dependence on foreign oil.

According to the Energy Information Administration and the Potential Gas Committee, a nonprofit supported by the Colorado School of Mines, the U.S. estimated future supply of natural gas (reserves plus resources) stood at 2,718 Tcf at year end 2012, enough natural gas to meet America’s diverse energy needs for more than 100 years. Estimated future supply has more than doubled for the period 1990-2012 average.

Natural gas provides nearly one-fourth of the energy consumed in the United States and this amount is expected to increase in the future. About 93 percent of the natural gas consumed in the United States is produced within U.S. borders; much of the rest about 5 Bcf per day (7 percent) -- comes from Canada, which also has a substantial natural gas supply base. Domestic natural gas production is currently supported by a diverse, elastic and abundant supply base bolstered significantly by unconventional resource plays, particularly shale gas, in many regions of the United States. 33 states are now producing or have produced natural gas.