Natural Gas: What’s Cooking? Huge spreads’ prices for EU, USA and Asia

Natural Gas: What’s Cooking? Huge spreads’ prices for EU, USA and Asia

Estimates show that cheaper natural gas in the United States has helped lift manufacturing exports by about 6 percent since the start of the shale gas boom

Overall, the pattern of global trade in liquefied natural gas, and energy more generally, is expected to evolve further. If the United States gradually becomes a net exporter of liquefied natural gas, we expect domestic natural gas prices to rise but still remain markedly lower than that in Europe and Asia, given liquefaction costs.
Natural gas is the cleanest source of energy among other fossil fuels (petroleum products and coal) and does not suffer from the other liabilities potentially associated with nuclear power generation. The abundance of natural gas could thus provide a “bridge” between where we are now in terms of the global energy mix and a hopeful future that would chiefly involve renewable energy sources.

http://www.econmatters.com/2014/10/natural-gas-whats-cooking.html

Natural Gas Chart

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