North America entering dawn of ‘golden age’ of natural gas
Jun 05, 2012 | 02:47 PM
| Michael Cowden
TORONTO Low natural gas prices should see gas generate as much electricity as coal in the United States by 2017 as North America enters a "golden age" of natural gas production, according to a recent report by the International Energy Agency (IEA).
The next five years could also see China more than double its consumption of natural gas, while the unconventional gas "revolution" in the United States should see the nation continue to benefit from low gas prices, the IEA said.
"The golden age of gas has dawned in North America, but its continued expansion worldwide depends on producing gas and bringing it to market in a way that is friendly to investors and to society as a whole," IEA executive director Maria van der Hoven said in statement Tuesday.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.