Spicer

Natural Gas Extraction May Be More Expensive Than It Seems

Not familiar with meaning of the term reserve? If it ain't economically viable with today's commodity market prices it ain't a reserve just a resource.


On Nov 03 10:07 AM Ravi Nagarajan wrote:

> Interesting op-ed in the WSJ this morning on the shale topic:
>
> online.wsj.com/article...
>
>
> I don't doubt that shale provides real reserves. The question is
> at what cost natural gas must trade at to make extraction economically
> viable.