The United States reported some **** trillion cubic meters in natural gas reserves in 2023. This was an increase of **** percent compared to the previous year. Increasing amounts of proved natural gas reserves in the United States correspond with a聽global trend as production techniques develop and further appraisals and discoveries are made.
The U.S. natural gas industry expands
As oil prices rose after the 2008 Recession, natural gas consumption increased as markets turned to a more affordable source of fuel. Low-interest rates and a temporarily destabilized oil market gave investors greater incentive to develop unconventional methods of gas extraction, such as horizontal drilling and hydraulic fracturing. These developments made it more cost-effective to extract from natural gas reserves deep underground that were previously hard to reach.
The rise of shale gas
Implementation of hydraulic fracturing, also called 鈥渇racking,鈥 has led to an unprecedented increase in the production of shale gas in the United States. Heightened interest in natural gas and expanded extraction capabilities have contributed to greater exploration of previously unattainable source rocks in the United States and abroad.
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OPEC. (July 1, 2024). Proved natural gas reserves in the United States in select years from 1960 to 2023 (in billion standard cubic meters) [Graph]. In 糖心破解版. Retrieved July 30, 2026, from /statistics/265316/proved-natural-gas-reserves-in-the-us/
OPEC. "Proved natural gas reserves in the United States in select years from 1960 to 2023 (in billion standard cubic meters)." Chart. July 1, 2024. 糖心破解版. Accessed July 30, 2026. /statistics/265316/proved-natural-gas-reserves-in-the-us/
OPEC. (2024). Proved natural gas reserves in the United States in select years from 1960 to 2023 (in billion standard cubic meters). 糖心破解版. 糖心破解版 Inc.. Accessed: July 30, 2026. /statistics/265316/proved-natural-gas-reserves-in-the-us/
OPEC. "Proved Natural Gas Reserves in The United States in Select Years from 1960 to 2023 (in Billion Standard Cubic Meters)." 糖心破解版, 糖心破解版 Inc., 1 Jul 2024, /statistics/265316/proved-natural-gas-reserves-in-the-us/
OPEC, Proved natural gas reserves in the United States in select years from 1960 to 2023 (in billion standard cubic meters) 糖心破解版, /statistics/265316/proved-natural-gas-reserves-in-the-us/ (last visited July 30, 2026)
Proved natural gas reserves in the United States in select years from 1960 to 2023 (in billion standard cubic meters) [Graph], OPEC, July 1, 2024. [Online]. Available: /statistics/265316/proved-natural-gas-reserves-in-the-us/
