America’s Energy Boom, By the Numbers

Apr 24, 12 • Industrial Mechanical Parts, Industrial Product ServiceComments Off on America’s Energy Boom, By the Numbers

There are no ifs, ands or buts about it — the United States is undergoing an enormous energy boom.

Energy Companies Take Advantage of America's Energy Boom with K&L

Let’s take a look at the stats of America’s energy boom:

— For 17 consecutive weeks, the amount of available natural gas storage has declined.

— 50 trillion cubic feet of natural gas are expected to be produced by Midwestern states.

— 420,000 barrels of oil are expected to be produced each day by southern Texas’ Eagle Ford formation.

— 111,000 jobs are expected to be created by shale gas production in Pennsylvania’s Marcellus shale formation.

— 200,000 jobs are expected to be created by shale gas drilling in Ohio.

— 7 years since the U.S. produced as much oil as it did in 2010.

— $24 billion was invested in energy by private equity firms in 2011.

— $6 billion was invested in energy by foreign firms in 2011.

As we mentioned last month, the U.S. — the largest energy consumer in the world by a longshot — is on pace to become a net energy exporter in 2012. It’s a pretty amazing feat, and one that will require our nation’s energy companies to be operating at peak performance for long stretches of time.

Is your company up for it? Here’s how K&L Clutch can help:

  • We’re proud to stock vast and deep inventories of industrial clutch and transmission parts, including Twin Disc torque converters, PTOs and Oil States clutches, ensuring that we’ll most likely have the part you need.
  • Our full-service, in-house machine shop is staffed by expert, out-side-the-box technicians and engineers who can ensure the availability of innovative solutions for your project’s unique needs.
  • Here at our Dallas-Ft. Worth-area headquarters, we’re located a short drive or a short flight from just about all of America’s major energy and industrial centers, ensuring quick delivery.
  • For most projects, our repair teams are willing to come to you, ensuring minimal downtime and maximum project profits.
See also:  When speed is key - Quick Torque Converter Repairs and Replacement

It’s an exciting time. Contact us to learn how our industrial clutch experts can help.

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