Lifenergy

Glad you liked it. It has tremendous amount of interesting information - helps to understand more of the commodity our QEC is about to produce.

One passage that I noted was the following - dealing with supply and demand. Even though it was written in 2007 and some things have changed (recession) it is still notable:

"However, natural gas is being consumed by the U.S. economy at a rate that exceeds domesti cproduction and the gap is increasing . Half of the natural gas consumed today is produced from wells drilled within the last 3.5 years . Despite possessing a large resource endowment, the U.S. consumes natural gas at a rate requiring rapid replacement of reserves. It is estimated that the gap between demand and domestic supply will grow to nearly 9 tcf by the year 2025."

It goes on to say however that the newfound reserves in shale gas will mitigate that gap. Bodes well for all producers in the years to come.

Have a good weekend

Cheers

Inceptus