GLG News Analyses of the following article:

U.S. Gas Fields Go From Bust to Boom

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Published at: online.wsj.com

Toby KolstadPresidentRail Theory Forecasts

Natural Gas Discoveries are bad news for those looking for growth of railroad coal traffic

May 6, 2009

Recent discoveries of new natural gas reserves have sent well-head prices to levels not seen since late 2002, and supplies are now estimated to be sufficient for 100 years at current rates of usage. Just last year, supplies were thought to be limited and it looked like the natural gas industry was going to be as reliant on foreign imports of LNG as the gasoline industry was on the import of foreign crude oil. Now price, supply, and LNG imports are no longer obstacles to increasing the use of natural gas to make electricity and to power highway. Since coal has been the reserve fuel for those utilities which thought natural gas supplies were limited, the prospects for the former fuel have declined as those for natural gas have risen.

A Welcome Boom for Energy and Energy Independence

May 1, 2009

Analysis by: GLG Expert Contributor

The real possibility for a move to US energy independence is possible with the huge reserves of natural gas here in the US.  We will no longer be dependant on foreign countries for oil and can move forward on reducing CO2 emissions.

Hans LinhardtPresidentLTDI, Inc.

Natural Gas to the rescue of new energy legislation

April 30, 2009

The shale gas developments in Texas (Barnett), Oklahoma (Fayetteville), Louisiana (Haynesville) and Pennsylvania (Marcellus) are providing now a surplus of about 8% over demand.  While the present state of renewable power from wind and solar plants can only cover a small percentage of the national energy demand, natural gas from the shale fields cam displace coal fired plants with fifty percent reduction of carbon footprint. Natural Gas (NG) is also promoted by T. Boone Pickens for transportation fuel.  While Haynesville with an estimated 200 trillion cubic feet of NG is the largest play, industry studies estimate the U.S. has more than 2,200 trillion cubic feet of NG reserves to be tapped, promising to displace 360 billion barrels of oil.    

A Welcome Boom for Energy and Energy Independance

April 30, 2009

Analysis by: GLG Expert Contributor

     The real possibilty for a move to US energy independance is possible with the huge reserves of natural gas here in the US.  We will no longer be dependant on foreign countries for oil and can move forward on reducing CO2 emissions.