Gassy Appalachian stories are selling only if having locked in gas prices and firm transport, he adds.
MLPs and PE-backed E&Ps are taking the lead. “It’s powerful money,” says Jefferies’ Marko.
“It’s not so hard to dream up more than 20 Bcf/d of (additional) demand by 2020.”
Aubrey McClendon is building five of them and plans more.
Unless America continues to invest heavily in its infrastructure, it will fail to take full advantage of this reliable and abundant source of energy and all it has to offer.
Hart Energy Events
9/24/14Webinar: Coriolis Principles and Considerations for Entrained Gas in the Upstream Market
10/16/14Conference: Offshore Executive Conference - The Gulf of Mexico Renaissance
11/10/14Conference: Executive Oil Conference - Platinum Performance in the Permian Basin
11/20/14Conference: North American LNG Exports - Expanding Beyond the Gulf Coast