A Natural Gas Price War Is Imminent



Comments (5)

  1. Scott says:

    Good. Fracking is poisoning ground water all over our nation. This process of extraction should be outlawed.

    [Reply]

    grahamzilla Reply:

    Scott. Sometimes it is better to aim before you shoot. you are showing your ignorance of the industry and what fracking is all about. You must believe in the tooth fairy as well. learn before your burn what you know for everyone to see.

    [Reply]

  2. Bart Johnson says:

    “By 2018, our LNG industry will have the capacity to export about 3.8 billion cubic feet of natural gas per year.”

    Really? That seems like an awful lot.

    [Reply]

    grahamzilla Reply:

    not really Bart. It should have read, per day. Storage in American is measured in Trillions of cubic feet. Some wells will make several Billion cubic feet per year.

    Much like our national debt, not much appreciation to what is real anymore.

    [Reply]

  3. Gazprom deputy head Alexander Medvedev said there was no need for a price war over European gas markets, although if liquefied natural gas product costs and prices in the United States fell, Gazprom would have to respond by cutting costs.

    [Reply]

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