Pennsylvania As The New Natural Gas Giant
https://www.forbes.com/sites/judeclemente/2019/03/21/pennsylvania-as-the-new-natural-gas-giant/#1900cfd9636cQuietly for much of the country, coal legend Pennsylvania has become the second most vital natural gas state
At over 18 Bcf/d, Pennsylvania now yields over 20% of all U.S. gas, only behind Texas' 22 Bcf/d. In the 10 years since a shale revolution took flight in its Marcellus play, Pennsylvania's gas output has exploded 32-fold.
Over that time, Pennsylvania has been responsible for 6 Tcf of the entire nation's 11.6 Tcf of new gas supply. With so much gas being produced and transacted in the region, some have even suggested that Dominion South hub 40 miles northeast of Pittsburgh should become the new benchmark for U.S. gas prices, taking over for Henry Hub in Louisiana.
For its own part, with massive low cost local supply, Pennsylvania has been turning more to natural gas to meet energy demand.
Gas is now 35% of Pennsylvania's power generation, up from 23% in 2012. And why not? As demonstrated a few years ago, more gas has displaced coal and lowered Pennsylvania's power sector CO2 emissions by 30%. Over the past decade, gas has doubled its share of Pennsylvania's total power capacity. From 2016-2018, Pennsylvania saw some 16 new gas plants being built worth $15 billion....
