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Realizing the Potential of North America’s Abundant Natural Gas and Oil Resources

Posted by Content Coordinator on Tuesday, August 7th, 2012

NATIONAL PETROLEUM COUNCIL

Four Major Findings

  • First, the potential supply of North American natural gas is far bigger than was thought even a few years ago
  • Second – and perhaps surprising to many – America’s oil resources are also proving to be much larger than previously thought
  • Third, we need these natural gas and oil resources even as efficiency reduces energy demand and alternatives become more economically available on a large scale
  • Fourth, realizing the benefits of natural gas and oil depends on environmentally responsible development

Download full report (PDF): Realizing the Potential of North America’s Abundant Natural Gas and Oil Resources

About the National Petroleum Council
www.npc.org
“The National Petroleum Council (NPC), a federally chartered and privately funded advisory committee, was established by the Secretary of the Interior in 1946 at the request of President Harry S. Truman. In 1977, the U.S. Department of Energy was established and the NPC’s functions were transferred to the new Department. The purpose of the NPC is solely to advise, inform and make recommendations to the Secretary of Energy with respect to any matter relating to oil and natural gas, or to the oil and gas industries submitted to it or approved by the Secretary. The NPC does not concern itself with trade practices, nor does it engage in any of the usual trade association activities.”

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