http://www.forbes.com/sites/davidblackmon/2013/05/22/the-perplexing...
What we can hope is that the opening of new markets for U.S. natural gas can help stabilize the price at or slightly above its current level, at which most shale gas wells are economic to drill. That will result in the activation of more natural gas drilling rigs, renewed activity in dry gas plays like the Haynesville Shale, that have gone largely dormant due to extremely low prices, and the creation of thousands more jobs and generation of billions more dollars in royalty payments and state and local tax collections.
...this all sounds good to me.
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Permalink Reply by Hopeful About Natural Gas on Blackmon is well experienced in the O&G field. He's absolutely right - we need to get this debate beyond the simplistic "consumers will pay more" - they won't because we have so much shale gas!
It's really a smokescreen to slow development. However, it cannot be slowed for long. There are reasonable environmental concerns but the long term promise of shale gas (and oil) is too great to pass up. Americans will gain in the long run. We should be exporting this stuff ASAP.
The History of GoHaynesvilleShale.com
GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…
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