Hold your horses there, Peak Oilers. There's plenty of hydrocarbons to go around this here North American landmass. Record volumes of natural gas are heading to market. Hedge funds playing this trade will get killed as long as technology makes fields easy to crack open. Oh yeah, BTW, the abundance of cheap gas makes it a compelling opportunity for export to energy-hungry emerging markets. The high price of oil makes this stuff look good. Americans need to quickly get over their NIMBY bias against LNG terminals if we want to make seruous money.
Remember when the U.S. led the world in petroleum exploration before Saudi Arabia learned how to pump? We can have that era of dominance again with natural gas, which means we can keep the dollar as the world's reserve currency if we don't have to recycle petrodollars into U.S. Treasuries.
Find a good pipeline play that covers Eagle Ford and other gas-rich areas. Then watch the cash roll in while the gas flows out. It all sounds so easy until you try it.
Remember when the U.S. led the world in petroleum exploration before Saudi Arabia learned how to pump? We can have that era of dominance again with natural gas, which means we can keep the dollar as the world's reserve currency if we don't have to recycle petrodollars into U.S. Treasuries.
Find a good pipeline play that covers Eagle Ford and other gas-rich areas. Then watch the cash roll in while the gas flows out. It all sounds so easy until you try it.
