Natural gas abounds in the US. Therefore it is cheap. China, Asia and Europe wants that
cheap natural gas.
There is also the new fracking technology (mentioned in other posts) that removes pollution from fracking. Fracking increases the yield of oil from shale fields.
A new age has come to the US and will probably avert recession, inflation etc. financial doom
Production is going up; prices are going down; it is now only $2.57/tcf
From: Energy and Capital <eac-eletter@angelnexus.com>
Date: Sat, May 26, 2012 at 8:10 PM
Subject: Cookin' with Gas
| |
Cookin' with Gas
By Nick Hodge | Saturday, May 26th, 2012
You should be out enjoying beer, barbecue, and burgers this weekend, so I'll keep this brief.
The biggest energy investment happenings this week centered on natural gas.
First, research firm Wood Mackenzie came out with some estimates that bode very well for U.S. shale gas exports...
It says by 2020, Europe will be using more U.S. shale gas than European.
The EU's dependence on imported gas will increase to 86%.
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Iran's Threats Could Make You Rich!
It's simple: Tension in the Middle East drives up energy prices.
This also makes the share prices of certain North American companies skyrocket — handing early investors like you massive gains.
The companies that stand to profit the most are outlined in this free report.
It also said China will increase LNG imports by 80% to meet domestic demand by 2030.
Natural gas in Europe costs $10 per thousand cubic feet (tcf) right now and even more in Asia. It's going for $2.57/tcf in the States.
So you can bet the rest of the world wants to get their hands on that cheap gas.
Ain't Seen Nothin' Yet
I know the phrase "fracking boom" has been tossed around a lot lately.
And if one was already under way, it's about to go sonic...
The Ohio House and Senate have now passed a law that will allow fracking to grow responsibly.
It will require companies test water within 1,500 feet of proposed wells, report the fluids and chemicals used in drilling, and track the wastewater after it's injected into disposal wells.
The bill has paved the way for Ohio to add 65,000 jobs and $5 billion in shale gas investment in the next two years. The number of wells there is expected to grow 3,025% by 2015 as a result.
Other states are working on similar measures that will allow fracking to expand while holding drillers accountable.
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The End of an Era
Steel gave us the Iron Age.
The industrial revolution brought us the Oil Age.
Right now we're in the Silicon Age.
But a new age is beginning to dawn. And it will change everything you thought you knew.
Even better for the industry and its investors, new fracking methods are being perfected that use no harsh chemicals or water at all.
These methods will do wonders to appease environmentalists — not to mention be beneficial for the bottom line.
Right now, it can cost as much as $15 for every barrel of wastewater that has to has to be hauled away from a frack site. The industry uses more than 56 million barrels of water each day.
This waterless fracking method is already being used by Chevron, Shell, and many other drilling giants.
It's going to kick the fracking industry into overdrive...
And it's all controlled by a $4.00 company that's a screaming buy right now.
You can see how it works here — and why you should consider investing.
Call it like you see it,
Nick Hodge
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This company's drilling method received "technological innovator of the year award" for 2011. This is the future of shale drilling. Period.
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Unless you've been living under a rock, you probably already know at least something about the oil-shale boom going on in the Western United States and Canada. What I want to tell you about today is the next step in America's steady return to the top of the global energy food chain.
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The EPA has evaluated homeowner water wells near fracking operations and determined that no chemical or pollutant occurred in a quantity worthy of further regulation or action. But if that's not good enough for you, consider this...
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