Gas production from three Appalachian states beats domestic demand and displaces regional supplies to the point of supporting exports, a U.S report stated. The U.S. Energy Information Administration reported in a daily brief on Friday that production from the Appalachian shale basin increased from 1.4 billion cubic feet per year to nearly 24 billion cubic feet per in the span of a decade. Accounting for about 2 percent of total U.S. gas production in 2008, the basin now accounts for 27 percent, based on data through October. Seven years ago, production was lower than demand but is now displacing reserves in other regions, supporting exports. “Overall, Appalachian production has been displacing Gulf Coast supply, freeing additional U.S. production for […]