Shale natural gas development will make the U.S. an "arsenal of energy," said Dominion Resources President and CEO Thomas Farrell. The Marcellus Shale alone "would rank eighth in the world in terms of natural gas production -- ahead of Saudi Arabia," he said. "Experts are now predicting that between the Marcellus and Utica formations, the two deposits could yield 20 billion cubic feet of gas per day by 2020," Farrell added.

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