HOUSTON, TX--(Marketwire - Aug 27, 2012) - Throughout 2012, energy experts have opined about the various benefits offered by natural gas, and in particular by America's significant shale gas reserves. While the American consumer is used to pessimism about American fuel production, the reality is that natural gas supplies are at a historic high, in large part thanks to the rise in shale exploration and hydraulic fracking. The benefits of this shale boom extend beyond the practical benefits offered to America's energy supply, however; there are many economic benefits, as well, something a recent financial report makes clear. The recent financial report, showing positive news about the American natural gas supply, has won the attention of James Mann of Stag Energy.
James Mann is a Texas-based energy professional with years of experience in oil and natural gas. Most recently, he has served as the Operations Manager for Stag Energy, a general-service energy company that delivers an array of services to oil production and exploration companies. These include construction services, well maintenance, equipment rental, and even the supply of trained, contract personnel. Stag Energy maintains a client list that includes several of the top names in the oil and gas business, among them EOG Resource and BHP Billiton.
James Mann of Stag Energy has responded to recent market trends with a comment to the press, affirming the important place that natural gas has in the American economy. "Natural Gas is very important to the American economy in terms of the jobs that are created around it, as well as for its promise of energy independence," affirms Mann. He continues with a hypothesis. "A price increase back to 2006-2008 levels would spark natural gas drilling activity, which would bring more jobs to the energy sector and ultimately boost the U.S. economy considerably."
Mann's comments come on the heels of an early August financial report, which found natural gas futures soaring by a full 5 percent in the span of a single day, following a government report about natural gas storage levels. The report, released by the U.S. Energy Information Administration, showed natural gas storage increasing by roughly 24 billion cubic feet.
This increase was actually smaller than some authorities had predicted, but many industry experts opined that it was in line with weather-based projections. Regardless, the financial report makes clear that natural gas continues to be a volatile and often rallying presence within the American energy industry -- and, as James Mann points out, a major, positive force in the U.S. economy.
James Mann is the Operations Manager for Stag Energy, a company zealous to provide a comprehensive suite of services to oil companies throughout the United States. The firm is devoted to the highest standards of quality and of service in all of its offerings, which include site construction, equipment rental and repair, well maintenance, the provision of trained contract personnel, and more. Stag Energy's client list includes some of the most prestigious and prolific oil companies in the entire United States. James Mann brings years of natural gas and oil experience to the company.