Shale Technology

The sustained low price for U.S. natural gas is doing exactly what it is supposed to do – attracting new demand into the market.   Gas fired power generation, LNG exports, exports to Mexico and new industrial demand are all expected to contribute to demand growth for many years to come.  But is this a permanent shift in the market, or could the new demand result in increasing prices that would quash the coming Golden Age of Gas?  After all, the natural gas market has seen this movie before.  We explored this possibility in our recent series titled “I’m a Believer”.  But just because it is a possibility doesn’t mean it is going to happen that way, or even that it is likely.   Because the world has changed.  Today we begin a new series that explores the ways in which the natural gas world has changed, and why the gas market is very unlikely to repeat its roller coaster ride of the past three decades.  It certainly doesn’t have to.