Rising (Oil-linked) Gas Prices: A Message from Shale Gas
One benefit that should flow soon from large new sources of shale gas that have been and will be unleashed into world markets - is the realization that gas prices linked to oil prices don’t make sense any more.
Oil Markets Range-bound?
We have heard admonitions about peak oil and that we have already passed the geologic peak of world oil production capacity. On the other hand, the IEA warns that if we continue our present patterns of energy consumption, we will need the equivalent of four Saudi Arabia’s in new oil production capacity by 2030 - seemingly at ease that the oil is geologically out there.
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