Which Country Has The Most Natural Gas?

Which countries produce the most natural gas?

Natural gas productionRankCountryContinent1USANorth America2RussiaEurope3IranAsia4QatarAsia93 more rows.

Where is natural gas most commonly found?

Natural gas is produced in 32 states. The top producing states are Texas, Oklahoma, New Mexico, Wyoming, and Louisiana, which produce more than 50 percent of U.S. natural gas. These are the areas of the United States and Canada where natural gas formations are found.

Who is the number 1 oil producing country?

United StatesList of countries by oil productionCountryOil production 2019 (bbl/day)01United States15,043,00002Saudi Arabia (OPEC)12,000,00003Russia10,800,00004Iraq (OPEC)4,451,51692 more rows

Why is natural gas so cheap?

Put it simply, natural-gas prices have fallen to multi-year lows because of “warmer than average temperatures, reduced consumption and increased supplies.” The U.S. National Oceanic and Atmospheric Administration reported that last month was the fifth warmest January on record.

Where is the largest natural gas field in the world?

Persian GulfLocated in the Persian Gulf, the South Pars/North Dome field is the world’s largest natural gas field, co-owned by Iran and Qatar.

How many years of natural gas is left in the world?

52 yearsWorld Gas Reserves The world has proven reserves equivalent to 52.3 times its annual consumption. This means it has about 52 years of gas left (at current consumption levels and excluding unproven reserves).

Which country has most gas?

Which countries have the biggest natural gas reserves?Russia – 38 trillion cubic metres. … Iran – 32 trillion cubic metres. … Qatar – 24.7 trillion cubic metres. … Turkmenistan – 19.5 trillion cubic metres. … United States – 12.9 trillion cubic metres.

What are the disadvantages of natural gas?

What are the disadvantages of using natural gas?Natural gas is a non-renewable source of energy. This means that one day we will run out of natural gas.Burning gas produces carbon dioxide gas. … Burning gas can pollute the air.Like coal, much of our gas has to be imported.

Can natural gas run out?

After all, she argued, at current rates of production, oil will run out in 53 years, natural gas in 54, and coal in 110. We have managed to deplete these fossil fuels – which have their origins somewhere between 541 and 66 million years ago – in less than 200 years since we started using them.

What are the top 5 natural gas producing countries?

The USA, the largest gas producer, accounted for over half of the 2019 global increase, followed by Russia, Australia, China and Iran.

What year will we run out of gasoline?

If we keep burning fossil fuels at our current rate, it is generally estimated that all our fossil fuels will be depleted by 2060.

What would happen if oil ran out?

Cars might run on electricity, or even water. We might rely more heavily on public transportation, like trains and buses. Cities will look different, too. Without oil, cars may become a relic of the past.

Where is the largest natural gas field in America?

Top 10 Natural Gas FieldsMarcellus Shale (PA & WV) – 2,836 billion cubic feet.Newark East (TX) – 1,951 billion cubic feet.B-43 Area (AR) – 1,025 billion cubic feet.San Juan Basin (CO & NM) – 1,024 billion cubic feet.Haynesville Shale (LA) – 1,425 billion cubic feet.Pinedale (WY) – 568 billion cubic feet.More items…•

How much oil is left in the world?

There are 1.65 trillion barrels of proven oil reserves in the world as of 2016. The world has proven reserves equivalent to 46.6 times its annual consumption levels. This means it has about 47 years of oil left (at current consumption levels and excluding unproven reserves).

What year will we run out of oil?

Globally, we currently consume the equivalent of over 11 billion tonnes of oil from fossil fuels every year. Crude oil reserves are vanishing at a rate of more than 4 billion tonnes a year – so if we carry on as we are, our known oil deposits could run out in just over 53 years.