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Cautious optimism for growth seen in US natural gas market

01.01.2012  |  Kelly, E.,  Wood Mackenzie, 

With the advantages of a large resource base, relatively reasonable costs, and environmental pressures on competing fuels, such optimism is justified. However, the industry’s hopes are not guaranteed to be fulfilled.

Keywords: [natural gas] [LNG] [power] [shale gas]

The natural gas industry is more optimistic now than it has been in perhaps decades, as the fuel is on its way to capturing a growing and significantly larger share of the US energy marketplace. With the advantages of a large resource base, relatively reasonable costs, and environmental pressures on competing fuels, such optimism is justified; however, the industry’s hopes are not guaranteed to be fulfilled.

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