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In the global energy market, is natural gas the new prize?

Publication: Oil and Gas Investor

Publication Date: 01-MAR-06

Author: Taylor, Bertie
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COPYRIGHT 2006 Hart Publications, Inc.

Though oil has reigned supreme as the centerpiece of global energy, natural gas is quickly superseding it, according to panelists at the Cambridge Energy Research Associates conference in Houston last month.

"Though oil will continue to be an important energy resource for a while, there's no question that clean natural gas will play an essential role in energy resource development," said John Gass, president, Chevron Global Gas.

"With an expected 70% increase expected in the demand for natural...

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