Shale’s a curse and blessing for natural gas Commodities Corner – MarketWatch

Shale's a curse and blessing for natural gas Commodities Corner - MarketWatch

Natural gas prices plunged as the shale boom unlocked vast reserves, undercutting OPEC oil and flooding U.S. markets. Energy firms hailed the surge as a breakthrough — until oversupply slashed profits and rattled investors. What looked like liberation from foreign oil became a volatility trap at home. The same drilling frenzy that promised dominance began squeezing the companies that sparked it.

Source: Marketwatch (2010) Read More
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