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).
NGI The Weekly Gas Market Report
Western Supply Seeking Eastern Demand
As the gas industry evolves to greater reliance on unconventional resources, the Rocky Mountain region will play a bigger role in meeting the nation’s gas needs. Couple this with growing demand in eastern markets and you have a strong West-East trend in natural gas flows.