What Does the Future Hold for Natural Gas Prices?
Asian
demand for natural gas has risen sharply in recent years. Prices in
dollars per million BTUs, are about $13.50 in Argentina and $13.80 in
Japan and South Korea, and $13.40 in China. Even Argentina has a $13.50
price, but U.S. wholesale prices are about $2.50 to $3.00.The world
price disparity raises a question that swirls just under the surface of
the national energy conversation, which whipsaws between relieved
happiness that shale gas exists at all and unfounded fears stoked by
extremists that the method of extracting it called…Read more...http://oilprice.com/Energy/Natural-Gas/What-Does-the-Future-Hold-for-Natural-Gas-Prices.html
No comments:
Post a Comment