On the recordOctober 23, 2013
According to a Federal report issued yesterday by the Energy Information Administration, natural gas being produced in the Marcellus shale region is growing faster than expected. Production has now reached 12 billion cubic feet a day. That is six times the production rate of 2009. The vast majority of production is coming from Pennsylvania, including the areas of the State that I represent, along with West Virginia. To put this in perspective, the Marcellus alone produces more natural gas than Saudi Arabia. If the Marcellus were its own country, production would rank third in the world after Russia and the rest of the United States. This has led to record low gas prices. It is the reason companies are moving manufacturing back to the United States. It is why consumers have more money in their pockets after paying their bills. Also, Mr. Speaker, data released Monday by the EIA indicates that carbon-related emissions dropped by 3.8 percent from 2011 to 2012--to their lowest levels since 1994. Mr. Speaker, domestic gas production is helping create a stronger American economy. It is helping us improve the environment. It is helping America remain competitive. ____________________
Source
govinfo.gov




