Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Monday, May 7, 2012

The Impossibility of Forecasting the Natural Gas Market

The Impossibility of Forecasting the Natural Gas Market

Let me start by admitting that the future of natural gas is especially difficult to predict. Commodity forecasting is always a pseudo-science at best. At times it seems that its primary function is to make astrology look respectable.But America has enormous natural gas resources, roughly a 100 year supply. That supply could be the low cost/low pollution energy source that provides a bridge to a better economic and environmental future. Or it may just sit in the ground for some time.After 25 years in the oil and gas business I spent ten years working…Read more...

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