Three Key Market Sectors Driving New Demand Loads For Domestic Natural Gas

摘要

While tight-sand oil plays have been the catalyst for U.S. activity in recent years, it is worth remembering that the American shale (unconventional) revolution began in natural gas shales. With the world's attention fixated on oil markets, could natural gas emerge as the key to the industry's recovery? That may be hard to determine at the moment, with prices mired in the $2 an MMBtu range on the New York Mercantile Exchange, and gas rig counts at historic lows. However, change is a constant in the cyclical world of natural gas, and the bottom of the cycle invariably gives way to a new upswing. Already, demand-side drivers are in place that have the potential to move the needle quite meaningfully on natural gas consumption.