Why the US should not Invest in Exporting Natural Gas

Why the US should not Invest in Exporting Natural Gas

by (Futurity )

Investing in natural gas export facilities “is a bet against what US firms excel in—developing and commercializing new technologies and products,” says economist Frank Wolak.With the advent of the “shale gas revolution,” the United States has undergone a full-scale natural gas boom. Driven by fracking and horizontal drilling, the United States will likely overtake Russia as the world’s largest producer of natural gas by 2015, according to the International Energy Agency.Now, as estimates of available reserves…Read more...http://oilprice.com/Energy/Natural-Gas/Why-the-US-should-not-Invest-in-Exporting-Natural-Gas.html