Saturday, June 20, 2009

Statement by the American Clean Skies Foundation Regarding PGC Report Confirming America's Abundant Supply of Clean-Burning Natural Gas

/PRNewswire/ -- The Potential Gas Committee's study on natural gas supply in the United States, unveiled by the American Gas Association in Washington, D.C., reinforces the fact that America has an enormous supply of recoverable natural gas. According to the study, America's own natural gas supply is capable of meeting the country's industrial, power generation and transportation needs for the next 100 years. Additionally, the abundance of natural gas in the United States means we can also considerably increase the use of it to meet the country's desire for cleaner, more reliable domestic energy.

The results of this biennial assessment support the findings released approximately one year ago by our group, the American Clean Skies Foundation, through a groundbreaking study conducted by Navigant Consulting, Inc. Those findings were the first validation that there are enormous supplies of domestic natural gas contained primarily in deep natural gas shale formations across the country.

Natural gas is the only domestic fuel capable of quickly lowering our dependency on foreign oil from unstable suppliers in the Middle East, Africa and Central and South America. As a significantly cleaner-burning fuel, natural gas is also the only fuel source available right now to help meet carbon-reduction goals without the added expense of high-cost carbon sequestration investments.

As this report underscores, domestically produced, clean-burning natural gas is indeed affordable and abundant. Now is the time to move America forward on a path toward a promising and new clean energy future, built on the increased usage of alternative and renewable energy sources, and led by America's own natural gas.

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