North America LNG Exports to Eastern Hemisphere An Emerging Sea Change in World Gas Prices
However, since 2007, North American gas production has grown strongly, and is on a pace to approach 31 Tcf in 2012. This reflects rapidly expanding gas production from shales, which should account for about one third of North American gas production in 2012. Because this growth has outstripped the growth in North American gas demand, […]
A Wind from the Northeast: Major Changes Coming in Gas Market Pricing
Washington D.C., August 22, 2012 – “In 2011, annual gas production in the Appalachian Basin tested 2 Tcf, and is approaching 3 Tcf in 2012. This has substantially reduced the call on Gulf Coast and Western Canada gas production by the Northeast states,” says Dr. Thomas J. Woods, Senior Consultant of RBAC, Inc. In its […]
