Six Reasons Natural Gas Is Better than Oil [View article]
Technological breakthroughs in the extraction of natural gas have created a supply glut. You see when we fractured shale hoping to extract oil, we go plenty of natural gas. Natural flows naturally from fractured shale, whereas oil does not.
So we currently have an abundance of natural gas and the investment in extraction is dropping as well as the price. Worries about supply shortages because of the maturing of conventional supplies have been replaced by worries there aren't enough customers for the 1,200 trillion cubic feet of natural gas in shale deposits, enough to last a century.
So invest if you want, but the supply indicates that natural gas is a lousy investment for some time.
Six Reasons Natural Gas Is Better than Oil [View article]
So we currently have an abundance of natural gas and the investment in extraction is dropping as well as the price. Worries about supply shortages because of the maturing of conventional supplies have been replaced by worries there aren't enough customers for the 1,200 trillion cubic feet of natural gas in shale deposits, enough to last a century.
So invest if you want, but the supply indicates that natural gas is a lousy investment for some time.