U.S. natural gas output will climb over time, experts estimate

11/22/2009 | Houston Chronicle (tiered subscription model)

Natural gas generated from the Barnett Shale play in Texas and similar rock formations could make up one-third of overall supplies in the U.S. by 2025, said consultancy firm Wood Mackenzie. The increase will happen as expenses related to tapping such resources go down and demand for clean-burning natural gas climbs, experts with the U.K.-based forecaster said. Prices for natural gas, however, could stay weak during the coming years with the opening of coal-fired power plants, slashing the amount of fuel required to produce electricity in the U.S.

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