Shale revolution comes along and here we are today, 20 years later. We're not the world's largest importer of natural gas. We're the world's largest exporter of natural gas by far. We have 115 rigs drilling for natural gas instead of 1200 rigs. 90% decline in rig count, doubling of production, halving of natural gas prices. That is just game changing innovation driven by private capital, entrepreneurs, businesses. (16:18–16:25)
CLAIM
Asserts a decline in the number of rigs drilling for natural gas from 1200 to 115.
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