Thursday, May 5, 2011

Gas Exploration.

There is a great amount of natural gas in the United States.  Just in one rock formation in Pennsylvania there is said to be near $500 billion worth of natural gas.  This process gives the economy a boost.  In drilling areas, the towns surrounding get all their business.  The gas companies must rent offices, hotels, and equipment, buy gas and pay people to prepare their site.

Natural gas drilling areas are great with boosting the economy in specific areas, but over the country their prices continue to be high.  In 2008, the price for a thousand cubic feet was $7.96.  To buy that in a bulk can really cost a person a large amount of money.

 Dthompson@sungazette.com, David Thompson. "Gas Exploration- Pros and Cons." SunGazette.com | News, Sports, Jobs, Community Information - Williamsport-Sun Gazette. June-July 2008. Web. 05 May 2011. <http://sungazette.com/page/content.detail/id/513070/Gas-exploration---pros-and-cons.html>.
        

This site, or newspaper, was very informative on the amount of natural gas we actually have in our country. It was good at giving a number of opinions on the matter, and gave an overall review of the process of exploration.

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