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Top 10 natural gas producers by country (Slideshow)

By Michael J. McFarlin

February 16, 2012 • Reprints

When we spoke with T. Boone Pickens in October 2010, he was lobbying Congress to enact a plan to convert the nation's over-the-road trucks to natural gas and thereby lessen the nation's dependence on foreign oil. Prices were around $4.00 mmbtu then. The March 2012 contract settled at $2.425 and still no action. Mark Fisher, our February 2011 feature, says eventually the U.S. will have to wake up and use the natural resources it already has available. Here, we look at the top 10 natural gas producing countries and compare that to their consumption rates and proven reserves. Source is the CIA Factbook.

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About the Author

Web Editor/Assistant Editor Michael McFarlin joined Futures in 2010, after graduating summa cum laude from Trinity International University, where he majored in English/Communication. With the launch of the new web platform, Michael serves as web editor for the site and will continue to work on the magazine, where he focuses on the Markets and Trading 101 features. He also served as a member of the Wisconsin National Guard from 2007 to 2010. mmcfarlin@futuresmag.com

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oil 6597Energies 2981European Union 2864natural gas 1979Congress 1894natural gas 1593production 98foreign oil 93natural gas reserves 68Central Intelligence Agency 64T. Boone Pickens 41U.S. 26shale gas revolution 25slideshow 24shale gas production 21Consumption 16electricity needs 9Producers 7Mark Fisher 6Top 10 5natural gas needs 5substantial gas reserves 2Proven reserves 1natural gas producing countries 1off-shore gas field 1

Free Newsletter Modern Trader Follow

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    • Options
    • Regulation
    • Technology
    • Trading Strategies
    • Education
    • Futures Op-Ed
  • Favorites
    • Alpha Pages Most Popular
    • Futures Magazine
    • Modern Trader Magazine
    • Most Popular
    • Slideshows & Lists
    • Special Topics
      • Alpha Hunters
      • Bad Boys
      • FINtech
      • High-Frequency Trading
      • Trader's Life
      • Trading Strategies
      • FUTURES MAG's 500th ISSUE
      • We asked traders
  • Traders
    • Market Data
    • Hot Charts
    • Interactive Charts
    • Trading Calendar
  • FINalternatives
  • Hard Assets
    • Home
    • Base Metals
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    • Rare Earth Metals
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