Tom Copley's Blog – November 2009 Archive (1)

Why Marcellus shale gas really is a game changer

Prior to the upsurge in shale gas drilling, and the vast new reserves that are now understood to exist, the odds-on favorite for supplementing the waning conventional domestic supply of natural gas was liquefied natural gas (LNG) brought here from Indonesia, the Middle East, and Russia. Huge capital investments were made in LNG terminals that now sit largely idle. For example, there is the Costa Azul terminal built on the west coast of Mexico with a capacity of 1 billion cubic feet of natural… Continue

Added by Tom Copley on November 28, 2009 at 12:00am — 2 Comments

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