Posts Tagged ‘natural gas costs’

Drilling Boom Revives Hopes for Natural Gas

American natural gas production is rising at a clip not seen in half a century, pushing down prices of the fuel and reversing conventional wisdom that domestic gas fields were in irreversible decline.

Goldman Says U.S. Gas Prices to `Decouple’ From World

Goldman Sachs Group Inc. said that average U.S. natural gas prices in 2009 may trade at a 44 percent discount to those in the U.K. as higher domestic output “decouples” the U.S. market from the rest of the world.