MattB

Natural Gas: Clean Fuel with a Dirty Little Secret

Even if your analysis is correct (personally I think "massively less under-supplied" would be more accurate), what makes this secret (and I agree, it's not obvious to the lay-man) so dirty? Are you suggesting the natural gas price is artificially high, given your so-called massive oversupply? Why would a free market bear artificially high prices if there was a glut of nat gas in the pipelines? USA should be greatful that in this aspect of energy, it is almost independent, and not reliant on LNG to "fill the gap"; with the weak dollar correctly pointed out by fx.. and the rapid decline in domestic oil production, a short-term over-supply of gas ought to be cause for celebration (and continued investment) not crying the sky is falling.

While Natural Gas Production Increases, Company Stock Prices May Not

Sorry ... wishful thinking that Fayetteville extends into AL!
:-)

While Natural Gas Production Increases, Company Stock Prices May Not

"While none of this gas will be coming on-line overnight"?
There are 19 shale basins in the US being actively drilled right now. In its recent white paper on US Shale Gas, Halliburton estimated the recoverable reserves at 500-1000 TCF.
The play that broke open this resource was the Barnett Shale under Dallas/Fort Worth. Its easterly extension into Alabama - the Fayetteville Shale - came next. Now we're seeing the same technologies applied shale all over USA ... Bossier-Haynesville, Marcellus, Woodford, Lewis, Antrim, New Albany, etc.etc.
The largest gas companies in USA - alongside a slew of fast-growing independents - are heavily focused on drilling and producing these resources ... and there's plenty of gas already in the pipeline that originates from them: about 4.5% of US nat gas supply comes from the Barnett Shale!