Patzek, an expert in unconventional gas recovery who has
extensively studied U.S. shale plays, called congressional boosters of
unlimited exports "delusional" in an interview with AlterNet.
"This is the same argument over and over again," he added.
"If we have a boom, then twice the boom is always better. Right? Well,
not necessarily."
Domestically, natural gas remains cheap, hovering around
$3.50 per thousand cubic feet (Mcf). But in Europe and Asia,
respectively, prices are three to nearly five times that amount.
I don't know of anybody who's studied this who doesn't acknowledge that
prices will go up," said Art Berman, an oil and gas geologist who heads
the Houston-based geological consulting firm Labyrinth Consulting. "So
if we lock ourselves into 20-year contracts to export X number of
billions of cubic feet a day, well, that's going to increase the price.
And that's really what it's all about."
http://www.alternet.org/fracking/get-ready-higher-prices-and-less-energy-security-our-natural-gas-reserves-are-being?akid=10360.294211.67VZRS&rd=1&src=newsletter829656&t=3
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