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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Dennis Roth who wrote (182233)1/16/2014 4:11:07 PM
From: Dennis Roth1 Recommendation

Recommended By
evestor

  Read Replies (1) | Respond to of 206131
 
IHS Report predicts 20 years of stable natural gas prices
press.ihs.com

...The report, Fueling the Future with Natural Gas: Bringing It Home, says that the Henry Hub price of natural gas is expected to remain in the range of $4-5 per million British Thermal Units (MMBtu) (in constant 2012 dollars) on an annual average through 2035. About 900 trillion cubic feet (Tcf) of unconventional gas resources – nearly one third of the total recoverable resource base – can be produced economically at a Henry Hub price of $4 per thousand cubic feet (Mcf) or less, the study says. This means that the North American natural gas resource base can accommodate significant increases in demand without requiring a significantly higher price to elicit new supply...

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Could be a long wait, waiting for $5+ gas.