Best Buys For Natural Gas Boom Future
August 26, 2011
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RELATED TICKERS: UNG
, FCG
, XOP
U.S. natural gas production has sky rocketed in the past year. Our natural gas production is leading the way and the shale boom has been a big contributor to this. Natural gas prices haven’t been too dynamic, but the use of natural gas has definitely increased.
"The Golden Age of Gas
Earlier this year, a piece in The Wall Street Journal made this point:
The increasing abundance of cheap natural gas, coupled with rising demand for the fuel from China and the fall-out from the Fukushima nuclear disaster in Japan, may have set the stage for a “golden age of gas,” the International Energy Agency said Monday.
Under a scenario set out by the IEA, global consumption of natural gas could rise by more than 50% over the next 25 years, with it accounting for more than a quarter of global energy demand by 2035, up from 21% now… "
Find addtional information here:
http://turnkeyoil.com/2011/08/26/best-buys-for-natural-gas-boom-future/