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TFC Commodity Trading Forum

Re: 16 Year Nat Gas Chart/Ceejay

I have already read of a gas driller just burning the gas well off as they can't do anything with it presently. The ratio of Nat Gas to Oil is at record ratios clearly and still little is being done to switch over to dirt cheap NG overall. One would think LNG plants would be springing up all over the place. And companies converting plants, machinery, trucks and other energy using machines etc to Nat Gas. And converting to NG with such huge supplies available and widespread it would make energy dependency a domestic issue rather than a foreign one. And LNG could be another major export like any other product produced locally and sold abroad. Many gas producers have already capped many of the wells drilled.