Oil and gas resources are expected to become net gas exporters
Oil and gas resources are expected to become net gas exporters
As a kind of clean and environmental protection high quality energy, natural gas, little dust, sulfur and other harmful substances, produced during the combustion of carbon dioxide is lower than other fossil fuels, thus caused by the greenhouse effect is low, can fundamentally improve the air quality. The us energy information agency believes the us could become a net exporter of gas by 2017, thanks to shale gas and other tight oil and gas resources.
The director of the United States energy information administration, minsky sees about the United States will not liquefied natural gas export to European countries, China, Japan, the problem, to understand the actually directly by the U.S. government has fewer natural gas resources, most of the owners of private land owners, but right now it is no limit for gas exports.
Minsky and said, according to Black - Scholes option pricing model predicts that in the coming year, the price of oil in low around $30 a barrel to a high around $100 a barrel range, and he think that at the end of 2016, oil prices will gradually recover.
Mr Siminsky says the us is producing more gas and oil production than anyone predicted five years ago. In fact, such as shale oil and gas production blowout, since 2012, the United States has become the world's largest producer of oil and gas, and possibly in 2017 May become a net exporter of natural gas, and by 2040, if the relevant technology leap, there will be 80 ~ 90% of natural gas from shale gas.
But Mr Siminsky is cautiously optimistic when talking about the prospects of other countries in shale oil and gas. He said the United States energy information administration have done a research on shale gas resources, and found that China in this respect the resource base of strong, but not really developed, the reason is that shale gas in China's geographical situation is more complex and so on.
In addition, countries such as Libya, where the overall political situation is not optimistic, are not optimistic about its production of shale oil and gas. Overall, he said, the us has seen rapid growth in shale gas technology in the last decade, but other countries, such as shale gas, need some time.
At the same time, Mr Siminsky said oil prices would fluctuate around $30 a barrel, or around $100 a barrel, in the next year. "Although this range is too big, it is the market based on our oil price volatility."
