The US has experienced a rapid increase in shale gas production in recent years. Production almost tripled from 2009 to 2012. Indeed in 2012, the US became the world’s largest producer of natural gas. It accounted for almost 20% of global gas production, slightly ahead of Russia (19%). Unconventional gas accounted for two thirds of US gas production.9 The US and Canada together produce as much gas as they consume. This development came as a surprise. Only ten years ago, the US expected to become a major importer of LNG, constructing LNG import terminals which now largely stand idle.
US natural gas production
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