In its latest biennial assessment delivered last week, the Potential Gas Committee (PGC) reported that U.S. natural gas supply has hit a record 3,978 trillion cubic feet, good for a 3.6% increase from the 2020 estimate with shale gas dominating supply at 61%. The country’s technically recoverable resources, however, fell slightly by 0.5% to 3,352 Tcf likely due to some volumes being shifted to other categories. The Atlantic region, home to the gas powerhouse Marcellus and Utica shale plays, harbors the lion’s share of supplies…
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