EIA Slightly Lifts US Natgas Output Growth Estimate

- August 10th, 2011

Reuters Africa reports that the U.S. Energy Information Administration raised 2011 estimate for domestic natural gas production to 6 percent from 2010 levels.

Reuters Africa reports that the U.S. Energy Information Administration raised 2011 estimate for domestic natural gas production to 6 percent from 2010 levels.

The market news is quoted as saying:

Gas production has been growing steadily since 2005, primarily because of the boom in horizontal drilling in onshore unconventional shale formations.

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