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WSJ: Natural Gas Entering 'Golden Age'

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Mon, 06 Jun 11 7:24 PM | 76 view(s)
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June 6, 2011, 10:52 A.M. ET

Natural Gas Entering 'Golden Age'

BY GUY CHAZAN, wsj.com


The increasing abundance of cheap natural gas, coupled with rising demand for the fuel from China and the fall-out from the Fukushima nuclear disaster in Japan, may have set the stage for a "golden age of gas," the International Energy Agency said Monday.

Under a scenario set out by the IEA, global consumption of natural gas could rise by more than 50% over the next 25 years, with it accounting for more than a quarter of global energy demand by 2035, up from 21% now.


Full story: http://online.wsj.com/article/SB10001424052702304432304576369051577701960.html?mod=WSJ_hp_LEFTWhatsNewsCollection




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months




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