If natural gas evolves over time into a global market, it is not likely to parallel the oil market with volatile high prices enabled by cartels and inflexible demand, since neither of those factors are likely to develop in the natural gas industry, according to one of the authors of a recent Massachusetts Institute of Technology (MIT) study (see NGI, June 13).
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Experts Review Natural Gas Potential, Possible Global Market
If natural gas evolves over time into a global market, it is not likely to parallel the oil market with volatile high prices enabled by cartels and inflexible demand, since neither of those factors are likely to develop in the natural gas industry, according to one of the authors of a recent Massachusetts Institute of Technology (MIT) study (see Daily GPI, June 13).
GasMart 2010: Tell the Gas Story, Anadarko VP Says
Natural gas is clean and price-competitive with other fuels, and it’s abundance in the United States will alter geopolitics and can erode the influence of oil cartels. Additionally gas-fired power generation and gas-powered vehicles can complement renewable energy and clear the air. That’s the story the industry needs to tell to lawmakers and consumers, according to Brad Boister, Anadarko Energy Services Corp. vice president of gas marketing.
Anadarko Executive: Tell the Gas Story
Natural gas is clean and price-competitive with other fuels, and it’s abundance in the United States will alter geopolitics and can erode the influence of oil cartels. Additionally gas-fired power generation and gas-powered vehicles can complement renewable energy and clear the air. That’s the story the industry needs to tell to lawmakers and consumers, according to Brad Boister, Anadarko Energy Services Corp. vice president of gas marketing.