Associated Press: "Cheap, abundant natural gas is disrupting engery sector"

"By unlocking decades' worth of natural-gas deposits deep underground across the United States, drillers have ensured that natural gas will be cheap and plentiful for the foreseeable future. It's a reversal from a few years ago that is transforming the energy industry...

 

..."We once thought we could face gas shortages and (electricity) brownouts. Now we are facing an enormous oversupply of natural gas," said Fadel Gheit, senior oil and gas analyst at Oppenheimer and Co. "We have not scratched the surface of potential of gas in the U.S. and across the world."

 

 

 

 

Full feature at the link below:

 

http://www.twincities.com/ci_16333025?source=most_emailed&nclic...

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