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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (89592)	4/28/2012 8:25:56 AM
From: Cogito Ergo Sum	1 Recommendation Read Replies (4) \| Respond to of 218863

A few years ago we were running out of natural gas.. now we are going to produce so much in North America that we may not be able to store it... This was caused by the new drilling/fracturing techniques making previously uneconomic natural gas economic. Same has happened with oil in North America, The world actually seems to be loaded with shale gas.. There are detractors that say the shale gas depletes too fast and the boom is an illusion.. so far it does not appear illusory.. Hence my statement ... if shale gas is for real.. LNG terminals are being built around the world it seems.. may be lots to export which will keep the price low.. for a generation...