Natural Gas Boom to Heat Up in Texas ...Middle East

Economy by : (OILPRICE) -
Texas is pumping natural gas out of the ground and exporting it at a record pace. It may only be the start of another energy boom for the Lone Star State because natural gas demand is growing both globally and at home. Texas produced 34.1 billion cu ft daily of natural gas in March, newly released figures from the Texas Oil and Gas Association showed this week. The association forecast that by May, this will have grown to 34.4 billion cu ft daily. More than half of the March total was exported, at 12.5 billion cu ft daily, with the rest being consumed…

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