1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Market Trends
  5. > Strategic View of the North American Conventional vs. Unconventional Oil and Gas Market

The Need for Cost-effective Solutions Creates Opportunities for a Competitive Business Model

North America is a large consumer of oil and gas. Historically, the United States heavily depended on foreign oil. The landscape is gradually changing, however, providing the United States more self-sufficiency via its vast available resources in coal-bed methane and shale gas formations. This market insight covers the current state and potential of the conventional and unconventional oil and gas resources in the region. It presents the trends governing the industry and their impact on the forecast period. The base year is 2013, and the forecast period is from 2014 to 2018.

Key Findings
-The North American oil and gas market is being shaped by new legislation, recent shale discoveries, and advances in exploration and production (E&P) technologies.
-A growing gross domestic product (GDP) and improved economic conditions in the United States will raise energy consumption during the next years.
-The U.S. goal of energy independence and the concern for unmet energy demand are the leading drivers behind strengthening interests in unconventional resources, including tight gas, shale gas, and coal-bed methane production.
-A possible trend is the future retirement of existing coal and nuclear plants. This is likely to foster growth for both natural gas and renewables in the fuel mix for domestic consumption.
-The industrial sector is expected to be the main energy consumer, accounting for almost % of the growth projected to 2018.
-Residential and commercial sectors, in contrast, are expected to show the weakest growth, which is heavily weighted to electricity.
-Gas accounts for most of the non-electricity energy usage.
-Transportation accounts for % of the projected growth to 2018.
-The only way to offset high fuel prices in the transportation sector is through increased efficiency.
-Crude oil spot prices are expected to increase by almost % in the next years, compared with a % growth of the Henry Hub Natural Gas Spot Price in the same period.
-Outside the transportation sector, high relative prices of oil have led to increased substitution with cheaper alternatives.
-Oil demand in the residential and commercial sectors has also declined substantially.
-The decline in oil demand is expected to be gradual as there are limits to substitution in petrochemicals and non-energy-related uses.

Table Of Contents

Strategic View of the North American Conventional vs. Unconventional Oil and Gas Market
Executive Summary

Key Findings
Evolution of the Energy Market

Trends that Shape the Oil and Gas Landscape

Energy Market Overview
Global GDP Growth
North America GDP Growth
Price Evolution
Global Natural Gas Production
North America Natural Gas Production
Energy Policies and Regulations

Market Dynamics

Impact Mapping of Drivers and Restraints

Conventional vs. Unconventional Oil and Gas Resources

Global Unconventional Oil and Gas Resources Hot Spots
Unconventional Oil and Gas Resources in North America
Production Analysis
Import and Export Analysis

Conclusions

Conclusions
Legal Disclaimer

The Frost and Sullivan Story

The Frost and Sullivan Story
Value Proposition—Future of Your Company and Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Distributed Temperature Sensing Market by Operating Principle, Fiber Type, Application and Geography - Global Forecasts to 2022

Distributed Temperature Sensing Market by Operating Principle, Fiber Type, Application and Geography - Global Forecasts to 2022

  • $ 5650
  • Industry report
  • December 2016
  • by MarketsandMarkets

“The DTS market estimated to grow at a CAGR of 7.66% between 2016 and 2022” The overall distributed temperature sensing (DTS) market was valued at USD 484.7 million in 2015 and is expected to reach ...

Directional Drilling Services Market by Application, Type, Service, and Region - Global Forecast to 2021

Directional Drilling Services Market by Application, Type, Service, and Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • January 2017
  • by MarketsandMarkets

“Directional drilling services market projected to grow at a CAGR of 4.34% from 2016 to 2021” The directional drilling services market is projected to reach USD 10.30 billion by 2021, growing at a ...

Air Separation Plant Market by Process, Gas, End User, Region - Global Forecast to 2026

Air Separation Plant Market by Process, Gas, End User, Region - Global Forecast to 2026

  • $ 5650
  • Industry report
  • January 2017
  • by MarketsandMarkets

“The global air separation plant market is projected to grow at a CAGR of 5.3% from 2016 to 2026” The global air separation plant market is projected to reach USD 7.27 billion by 2026, at a CAGR of ...


Download Unlimited Documents from Trusted Public Sources

Natural Gas Industry in Iran

  • February 2017
    288 pages
  • Natural Gas  

    Gas  

    Energy  

  • Iran  

    Asia  

    United States  

View report >

Oil Supply in Canada and the US

  • February 2017
    2 pages
  • Oil  

  • Canada  

    United States  

View report >

Oil Industry

  • February 2017
    21 pages
  • Oil  

  • OECD  

    United States  

    Europe  

View report >

Gas Industry

5 days ago

Related Market Segments :

Oil And Gas
Oil
Energy

ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.