Monday, October 8, 2012

Drowning in Natural Gas: Is the Answer Exports?

Drowning in Natural Gas: Is the Answer Exports?

The US has an overabundance of natural gas and production is rising despite a reduction in the number of natural gas rigs in operation. Yet the US is only scratching the surface of its natural gas reserves that can be unleashed by fracking. One answer to this overabundance is exports, so why is it such a sensitive issue?As far as the natural gas industry is concerned, a shift to exporting is a no-brainer. However, this is easier said than done. Before the shale gas boom and the fracking revolution, the US thought it was destined to be a natural…Read more...http://oilprice.com/Energy/Natural-Gas/Drowning-in-Natural-Gas-Is-the-Answer-Exports.html

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