Energy- The U.S. is "swimming in natural gas"

Wednesday, May 16, 2012




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The U.S. is "swimming in natural gas"

Friday, May 01, 2009
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By Daily Crux guest poster Brett Owens:

Natural gas prices just hit their lowest levels since 2002, because, as the Wall Street Journal puts it, the nation is "swimming in natural gas."

The Journal reports that years of higher natural gas prices spurred more drilling and technological innovation… which has resulted in gigantic new finds… which has resulted in a gigantic production increase.

This article is an excellent short history of how the gas story has played out... and how environmentalists are wild to get started on burning America's wealth of the clean-burning fuel.

Read full article...

More posts on energy:

Why "cap and trade" will be an unmitigated disaster

Rick Rule: Crude oil could climb above $100 a barrel in 2 years

Topics:		Energy \| Commodities

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