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From that website:
A big reason for the utilities' antipathy toward gas is that prices have historically been volatile, especially when a lot of supply came from the hurricane-prone Gulf of Mexico. Now, with supply shifting toward onshore shale fields, gas prices look flat for as far as the eye can see: Gas futures don't get above $6 per million Btu until December 2015. Alongside the fitful trend toward a lower-carbon future, those flat prices should persuade more generators to abandon coal en masse. Paradoxically, gas's very weakness should underpin its eventual resurgence.
I think it's going to take more than just electric power generation to set some serious fire to NG prices..
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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