Shale Gas Market Hit $214 billion by 2022, Trending Report with Covid 19 Impact Analysis
Global shale gas market is expected to reach $214 billion by 2022. The market is expected to grow at a CAGR of 14.4% between 2015 and 2022. PORTLAND, OREGON , UNITED STATES, January 7, 2021 /EINPresswire.com/ Global shale gas market is expected to reach $214 billion by 2022. The market is expected to grow at a CAGR of 14.4% between 2015 and 2022. The United States has produced almost 90% of shale gas in 2014. Industrial sector is projected to grow at the highest CAGR of 15.3% during the forecast period. Shale gas refers to unconventional natural gas, trapped in the shale formation, which is derived by hydraulic fracturing process. Shale gas has become an increasingly important source of natural gas in the US and its interest as a potential gas shale is expected to increase in the rest of the world. According to the U.S. government s Energy Information
-so you re thinking.? i agree. preferred. only meineke has options. and now 50% off brake pads and shoes. my money. my choice. my meineke. hello and welcome to american morning on this wednesday, july 28th. glad you re with us this morning. i m kiran chetry. good morning, i m john roberts. a lot to talk about. a potential turning point in the struggle to save the gulf of mexico. 100 days now io this unprecedented disaster, a coast guard official says the oil spill is in its final life cycle. rob marciano reports it is the damage we can t see that could be with us for some time to come. arizona officials may find out today whether a federal judge will block their controversial new immigration law. police are getting ready to start enforcement tomorrow. we ll look at how it is being
it will be there i think about 75 days. they ll service for probably additional 45 days, then be back. so probably gone for four months or so? it s probably gone five to six months, depending on the hurricane season. we got to cross the atlantic in august so that will be a challenge. this is a situation that people are warned about in the gulf, that if these supply ships an drilling rigs leave the gulf of mexico to find work in places like knee gear ya, off the coast of brazil or whatever, they aren t just gone for a short period of time, for the period of the moratorium, they ll be gone for quite a while. we re hoping to find jobs for two, three and four-year contracts. we just haven t been that successful yet. other competitors of mine here in the gulf have been. meantime, what s happening with your guys? some guys had to take a pay cut. have you had to lay anybody off? we haven t done that. we decided as a company when we do get back to work hopefully later on this yea
the static kill operation is on for early next week and is hopeful we have seen the last drop of spilled oil. by monday, we are likely to begin something called the static kill. man folds and pumping heavy mud and cement down into the well. the objective is to stop the flow and then we can come back in after that with the relief well. what i say we are now 13 days with the well cap and came back after the storm, integrity of the well was good. i think, john, no guarantees, i believe there will be no more oil flowing into the gulf as of the 15th of july. could take months, even years, to determine the extent of the damage that s already been done to the gulf coast. all that spilled oil has to be somewhere. but where? david mattingly live in new orleans this morning. interesting to hear them talk about not being able to even collect more than a barrel with all of those skimming boats out
literally unfettered access by smugglers and illegals. reporter: so the sheriff hopes the new law, combined with the new fence, makes his county safer while others remain angry at the law and regard the fence as a scar on the land. gary tuchman, cnn, arizona. gary, thanks. of course we re following the controversy over arizona s new illegal immigration crackdown. john king is on the road in arizona. john king usa tonight at 7:00 right here on cnn. struggling to survive now 100 days into bp s oil crisis. how are businesses in the gulf region dealing with the crippling blow from this spill? we ll talk to the head of a company that s a critical part of offshore drilling operations in the gulf coming up in a couple of minutes. 38 minutes now after the hour.