Could a Natural Gas Cartel Emerge?

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"With oil, the results of global market reactions will soon show up at the corner gas station. Not so with natural gas."

Daily Green, Jim DiPeso

The oil market is global, which is a root cause of the economic and geopolitical briar patches in which the oil-intense U.S. regularly finds itself. Bomb a pipeline in the Middle East, blow over an offshore rig in a hurricane, or run up fuel demand in China and the global market will react. The results will soon show up at the corner gas station.

Not so with natural gas, according to a MIT report examining prospects for natural gas. . .View full article

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