Texas Now Produces More Natural Gas Than All Of OPEC
Everything is bigger in Texas, especially natural gas production. The Lone Star State alone produces more natural gas than every country in the world, except Russia, and that includes every member state of OPEC.
The American Petroleum Institute has released a graphic showing that Texas produces 18.81 billion cubic feet of natural gas per day, well above any member of OPEC. The graphic is meant to show how hydraulic fracturing and horizontal drilling into shale formations has made the U.S. the world’s liquid fuels producer.
“This is what energy security looks like,” Tracee Bentley, head of the Colorado Petroleum Council, said of the graphic. “Thanks to innovations in hydraulic fracturing and horizontal drilling, Colorado now outpaces seven of 12 OPEC nations in natural gas production.”
Individual U.S. states now produce so much natural gas, they outrank whole countries when it comes to daily production. Iran, the largest OPEC gas producer, only produces 15.43 billion cubic feet of natural gas per day. Qatar, OPEC’s number two gas producer, produces 15.09 billion barrels per day.
Louisiana and Pennsylvania also rank among the world’s top 15 natural gas producers. Louisiana produces more gas major producing countries like the Netherlands and Indonesia, while Pennsylvania beats out Mexico and the United Arab Emirates.
Russia as a whole still produces more natural gas than any individual state, but the U.S. as a whole produces much more than Russia. Total U.S. natural gas production comes in at 65.73 billion cubic feet per day, compared to Russia’s 59.46 billion cubic feet per day.
“Rising domestic production has helped to reshape global markets and revitalize job creation here in the United States,” Bentley said.
API’s graphic also compares individual states against the world when it comes to oil production. On its own, Texas produces more crude oil per day than the UAE, Kuwait, Venezuela and Nigeria. As a whole, the U.S. is the world’s third producer of oil based on 2014 data.
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