Shale Gas: Looking through a Crystal Ball
Friday, January 4, 2013
Predict the future? That’s what Nick Grealy is trying to do with his latest article for the Christian Science Monitor. Grealy is the publisher of No Hot Air, a forum on energy issues and Shalegasinfo.eu.
Grealy successfully predicted the export of U.S. liquid natural gas, U.S. energy independence and Australian and Chinese shale gas.
His predictions for 2013 and beyond are as follows:
♦U.S. oil and gas prices will separate from world prices.
♦Shale could invigorate California’s struggling economy.
♦The U.K. will begin shale gas development in Europe.
♦North America will continue to pave the way for the rest of the world.
“Ultimately though, we’re predicting the unknowable. North America will continue to show the world the way on shale. Production and profitability will both follow technology. We’re only at the first baby steps of shale. An understanding of that is going to be key as Europe ultimately embraces shale. “
» Via: The Cristian Science Monitor › Shale oil and gas predictions for 2013 and beyond
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Shale FAQ
What are mineral rights?
Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.
Will I get free natural gas if I allow fracking on my property?
Maybe. It depends on your particular lease agreement. Some companies allow property owners a yearly free gas allowance. But, the process of connecting your property to the gas source may be more complicated. Some companies will provide a hookup, others require the landowner to provide one.