Page added on December 18, 2009
Natural gas prices have plummeted. Natural gas storage is at a maximum. Producible gas reserves are up 35% in the United States. Demand for natural gas is down because of the economy.
Then suddenly a new-found U.S. natural gas producible reserve is suggesting that the U.S. in fact will be self-sufficient or close to it as soon as 2030.
Why are all of these things happening?
A bit of it, of course, is due to the drop in the overall economy, but it has a lot to do with the concept of gas shale, and that
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