Shipping it to the EU will solve the problem of manufacturing returning in short order.
Shipping it to the EU will solve the problem of manufacturing returning in short order.
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Agree that there is rising demand for natural gas.
But supply is rising even at current prices and falling drilling. The drillers have shifted over their emphasis to liquids but even the liquid wells pull up natural gas. a lot is flared off but some contributes to rising supplies. The amount of natural gas coming out the marcellus formation in pennsylvania is just huge and growing.
I don’t really know what to make of this. Because if supply is as big as some seem to intimate — then it can easily absorb excess demand for a couple decades. That’s all that really needed. Why? because a couple decades from now there’s likely to be a couple of energy revolutions that will moot this discussion