Less than 10 years ago, virtually all energy analysts agreed the U.S. was running out of oil and natural gas energy sources and had no choice but to import more petroleum and natural gas. In a matter of a few years, the outlook for energy in the U.S. (and in the world) changed dramatically as enormous reserves of energy previously considered inaccessible were opened up due to advances in Natural Gas recovery techniques. While predicting the future energy market is difficult, we believe it is unlikely to change soon.
U.S. natural gas reserves are estimated to be near 2,718 trillion cubic feet and these reserves are estimated to meet America’s diverse energy needs for more than 100 years. Pacific Connector will create energy infrastructure and provide southern Oregon with valuable options, opportunities and advantages for its future.