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Author: pauleckler Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 455691  
Subject: Re: Nat gas glut explained Date: 12/31/2012 2:06 PM
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Fracing technology makes thousands of square miles look attractive for drilling. Drilling costs remain high.

When NG pricing weakens (due to excess supply), drilling investment slows--maybe to a stop. But as markets are found to monetize the gas, investors are willing to take the risk.

Some of those attractive areas ultimately may produce dry holes. Until the limits are known, new discoveries are likely as soon as the market will make them pay.
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