All Posts Tagged With: "The Oil Drum"

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Gas Glut Threatens Clean Electricity Future

So what’s not to like about cheap energy? Plenty, if you’re a producer trying to make money off it. At $2.50 per 1,000 cubic feet — the lowest price level since March 2002 — gas is simply uneconomical to produce and market. That’s not a good thing for an energy source on which some are counting to replace coal in the next 10 years as the No. 1 fossil fuel for generating electricity in this country.

9Sep2009 | admin | 1 comment | Continued


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