(Wall Street Journal – September 4, 2012) Getting Back to Work-Energy: The Gas Glut
The summer of 2012 may well be remembered as the moment when the business world accepted that abundant and inexpensive natural gas wasn't going away anytime soon. It also marked the turning point when the U.S. energy market began to shake from the consequences.
Coal is hemorrhaging market share to natural gas in power generation. A growing number of companies are switching from diesel fuel to natural gas to run their vehicles. Meanwhile, the renewable-energy sector is facing an uphill fight in...