Abundant : Abundant

The world may be running out of some fuel supplies. But we keep finding new reserves of CNG.

Vast new natural gas resources are being discovered across North America. In the past five years, shale reservoirs have revealed natural gas deposits that doubled previous estimated U.S. gas reserves – giving us close to a 100-year supply. And the supply is growing as new technology allows us to produce from large reserves that were too difficult to access until recently. It’s vital because many experts agree that global oil production has peaked, even as demand is still rising. Because of its growing abundance, domestic natural gas will play a major role in meeting our 21st-century energy needs.

There are at least 22 shale basins located onshore in more than 20 states in the U.S. including Arkansas, Colorado, Louisiana, Michigan, New Mexico, New York, Oklahoma, Pennsylvania, Texas, West Virginia and Wyoming.

New technologies have allowed the rapid emergence of gas-producing shales as a major energy source, representing a truly transformative event for U.S. energy supplies. American producers can clearly supply enough natural gas to meet today’s uses and become an economical source of transportation fuel in the form of compressed natural gas or greater supplies of electricity for plug-in hybrids for generations to come.