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Bloomberg reported that U.S. shale gas output hit a record high of 28.5 trillion cubic feet in 2011, according to a new report from the Energy Department.
Bloomberg reported that U.S. shale gas output hit a record high of 28.5 trillion cubic feet in 2011, according to a new report from the Energy Department.
As quoted in the market report:
Production of gas from shale deposits climbed 46 percent to 8.5 trillion cubic feet in 2011, the most in department data going back to 2007. Shale accounted for 30 percent of total output in 2011, up from 22 percent the previous year.