HEAVY IRON NEWS
The US Has An Advantage When It Comes To Unconventional Resources
- By Design Team
- •
- 09 Feb, 2016

GLOBAL TRENDS LEADING TO DOMESTIC INNOVATION
A PERFECT STORM OF FACTORS LEADING THE DOMESTIC MARKET

THE FUTURE OF UNCONVENTIONAL RESOURCES
As the United States continues to fine-tune its production of unconventional resources, the market is likely to continue to strengthen. Many analysts believe that both natural gas and oil prices will be on the rebound within the next few years. This will likely lead to significant expansion throughout domestic oil production, as independent producers have become extremely skilled at extracting the largest amounts of resources with the smallest investment. And though oil will likely become a boon to the industry, it is natural gas that is likely to change the market. Natural gas is an ecologically friendly option compared to many other types of resource and is rapidly increasing in adoption throughout the world.
The United States currently has an extremely firm hold on unconventional resources. It's believed that the natural gas resources in the United States could sustain natural gas use for up to a century depending on demand. As the global demand for energy increases, it's likely that the economy of the United States will be able to benefit significantly from its ability to recover previously ignored energy resources.
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