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Homework answers / question archive / Introduction In 2008 two large natural gas formations were discovered in the Northeastern United States: The Marcellus and Utica shales
In 2008 two large natural gas formations were discovered in the Northeastern United States: The Marcellus and Utica shales. These discoveries transformed the United States, almost overnight, from a net importer of natural gas to natural gas gluten; the cost per dekatherm of gas in the United States dropped from nearly $13.50 to under $3.00. Hydraulic fracturing, a process which has been in existence since the 1940’s, is the method leveraged to acquire natural gas from these formations.
For this week’s discussion, research answers in order to discuss the following:
Justify your answers with evidence and cite your sources.