Natural Gas: Continually Running Into New Obstacles


Natural gas would like to be bridge fuel as we deal with oil shortages, but it keeps running into obstacles.

A big obstacle is the fact that the price is now too low, relative to what it costs to extract the natural gas. Arthur Berman has shown based on his detailed analysis of drilling data that shale gas seems to need a much higher price than today’s $4 per thousand cubic feet to be profitable.

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