Nearly half of U.S. natural gas will come from the Ohio Valley by 2040, expanding development potential

Farm and Dairy reports the results of an IHS Markit study which point to an exponential increase in production from the Marcellus and Utica shale formations. According to the study, Ohio, Pennsylvania and West Virginia will supply nearly half of the nation’s natural gas by 2040. The study also quantifies cost advantages of producing natural gas liquids in the Midwest; projected savings are pushing petrochemical plants to look closely at the region for expansion and construction. Read the full story.

Ohio, Pennsylvania, West Virginia