Natural gas in the United States natural gas and natural gas liquids. The exploration for and production of natural gas and petroleum form a single industry, and many wells produce both oil and gas. Because of the greater supply, consumer prices for natural gas are significantly lower in the United States than in Europe and Japan. The low price of natural gas, together with its smaller carbon footprint compared to coal, has encouraged a rapid growth in electricity generated from natural gas. Between 2005 and 2014, US production of natural gas liquids (NGLs) increased 70%, from 1.74 million barrels per day in 2005 to 2.96 million
Natural gas annual increase in usage of 2–3% could result in currently recoverable reserves lasting significantly less, perhaps as few as 80 to 100 years. In the 19th century, natural gas was usually obtained as a by-product of producing oil, since the small, light gas carbon chains came out of solution as the extracted fluids underwent pressure reduction from the reservoir to the surface, similar to uncapping a soft drink bottle where the carbon dioxide effervesces. Unwanted natural gas was a disposal problem in the active oil fields. If there was not a market for natural gas near the wellhead it was