Quote:
Originally Posted by fotze
as far as shale gas, its not just water, its sand that is needed too.
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Shale gas is doing a great job keeping gas prices low too. At least that might be what the board of directors of more heavily weighted gas companies keep telling me.
Seriously though, US rig counts are still running high/just off their records last I checked with the whole "drill the lease or lose it" thing. There was a nice article a few days ago in the Daily Oil Bulletin about gas prices going forward - AECO at the current $3 could/should be something to get used to for a good while.