... , its lowest level since May 3, 2002, when there were 640 gas rigs operating. But the rig count is still down sharply since peaking ... have scaled back drilling operations with credit still tight and natural gas cash prices hovering near $3 per ... more rig cuts may be necessary to balance an oversupplied market, with gas inventories at record highs and demand, particularly from the industrial sector, ...

... rsquo;s also true for the United Arab Emirates what’s worth noting, or retelling today, is the means by which the UAE, principally because of Dubai (an Emirate within the UAE), started to become a net importer of natural gas. Let’s start with a chart of electricity demand (click to enlarge). Complete Story »

  The nation's youngest billionaire, called “the king of natural gas,” former Enron trader and current hedge-fund manager, John Arnold, generally escapes negative publicity when it comes to his own controversial work of energy speculation, but he is not so lucky... read more

... seams are usually far underground and not viable for mining by coalminers, but the gas contained in them can be mined. The proven reserves of coal ... fired power generation. As this "new" gas supply is developed, much of it is destined to be exported as LNG ... homes. ... It is likely Australia could source half of its electricity from natural gas and half from renewable energy, in which case ...

... ? Back in March, we saw the first real buying opportunity for oil and gas stocks. At the time, nearly everyone I came across was in the trenches. Every company was either at or approaching a 52-week ... an e-mail. This time, however, he was less cynical when asking how I felt about getting back into natural gas. And you should be able to guess what my sentiment on the matter was in my e-mail, and ...

... workers such as mechanics and operators. The Trickle Down Benefits Of Natural Gas Production In the Bakken shale formation of ... infrastructure has been built in the last ten years, thanks to shale gas money. What The Future Holds For The Marcellus Shale ... obstacles to the development of the Marcellus and similar shale gas reservoirs. These include appeasment of environmental and community groups ...