Sunday, September 16, 2012

US Energy has shifted to natural gas

Ateneo Innovation and Entrepreneurship

From energy and capital

Is it natural gas, renewables, or solar energy that is the new opportunity for north America.

It is going to be natural gas.  As of 2012, the building of powerplants is toward natural gas (Is natural gas renewable?)  80% of the those powerplants are geared towards combined/natural gas.

In 2011, the highest production of natural gas was in Haynesville.

In 2012, it is Marcellus formation producing 7.4 Billion cubic feet of NG in a day.  Because of this record production though, prices dropped from a high of nearly $14.00/ cubic feet to less than $3.00.  China is investing in these NG companies to feed its hungry demand for energy

Natural gas stocks


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