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Natural Gas Is A Rapidly Growing Section Of The Economy

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Natural gas is a rapidly growing section of the economy. With a recent boom in production, more people are putting a focus on the resource. Although it has been around for centuries, it is relatively new in terms of mass production and shipment, especially in mainstream American attention. 2008 saw a rapid growth in both production and price, which expanded the economy in many small towns throughout the United States. But, only a few years later, the price dropped while production did not, and the decline started. Now, natural gas production is in a state of surplus, with some reports stating that prices will remain low. But, with the push towards diversified energy portfolios and renewables, the test is to see if natural gas can …show more content…

This natural gas was used to light street lamps and lamps used in homes. After Britain started using natural gas commercially, the practice grew worldwide. The first well that was specifically intended to extract natural gas in the United States was created in New York by William Hart in 1821, when he dug at 27 foot deep well.
In the 19th century, natural gas was used primarily for lighting. During this time period, the efficiency of transporting natural gas was limited. In 1891 one of the first major pipelines was constructed from Indiana to Chicago, but this pipeline was not very efficient. After World War II, with new welding techniques, advances in pipe rolling and metallurgy, the reliability improved. Also after the war, many miles of pipelines were built allowing natural gas to be transported all over the country. The first wells used to drill for natural gas were vertical wells, which were adapted from previous oil wells. The original process used to drill for natural gas was called percussion drilling. Percussion drilling is when a heavy metal bit strikes the rock repeatedly from a tall height. These depths were much higher than the first well built for natural gas. “The deepest known well using [percussion] drilling was 11,145 feet, completed in 1953 in New York State.” (Marcellus Shale ) Another form of drilling for natural gas was rotary drilling. Rotary drilling uses a sharp, rotating bit

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