Monday, September 3, 2012

Exporting Natural Gas

Proponents of natural gas drilling in the Eagle Ford Shale suggested that the enormous reserves found within shale would make us less dependent on foreign sources of fuel, and that energy prices would drop as well.  I don't know how that happens if we're sending supplies to Mexico, and looking to increase those exports.

The world is knocking on our door, hoping to take advantage of inexpensive natural gas inventories.  Don't look for gasoline prices to go down anytime soon.  We were made to believe that relief was on the way, but it's looking like the only ones who'll benefit from the recent drilling boom are the oil and gas companies themselves.

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