EIA increases shale resource estimate to 827 Tcf - a gloomy forecast for LNG imports

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In its Annual Energy Outlook for visual_editor011 (AEOvisual_editor011) published Thursday, the US Energy Information Administration (EIA) increased its unproved shale gas resources estimate by more than 70% from 474 Tcf to 8visual_editor7 Tcf as of January 1, visual_editor009 which suggested higher gas production can be sustained at lower prices than forecast in visual_editor009 - and supply enough gas to meet US gas consumption for over 35 years

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