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Articles: natural gas prices (3)

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Will the final blow for America’s shale gas 'revolution' be high prices?

As U.S. natural gas prices flirt with the $4 mark, some skeptics of the so-called shale gas revolution think prices are headed much higher. Such a move would, not surprisingly, seriously undermine the official story that the United States has a century of cheap natural gas waiting for the drillbit.

Natural gas consumers just got a big subsidy from investors, but it can’t continue

It isn’t often that the world’s working stiffs get a chance to fleece rich investors. But that’s essentially what has happened as a result of the vast overinvestment in natural gas drilling in the United States. Strangely, the long-term result may be a plunge in supply and a …

Not at that price: Why long-term forecasts for cheap oil and natural gas are baseless

Here's the short version of why forecasts of low long-term oil and natural gas prices are almost certainly wrong: It costs more than that to get the stuff out of the ground.

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