Concluding Thoughts
Energy companies all over the globe are watching this industry game changer unfold and are eager to participate in North American unconventional natural gas shales. Despite the current weak environment in natural gas pricing, I am bullish on natural gas as a fuel source. The cleaner burning aspects make this fuel choice very attractive. The unconventional shale formations in North America present a significant opportunity to secure the energy supply for the next decade.
Also, developments in LNG make natural gas available in markets that experienced shortages of natural gas. LNG is a viable alternative that is expected to grow. The 2011 Japan nuclear crisis will also result in renewed interest in LNG for countries that are ...
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