iBankCoin
Joined Nov 11, 2007
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Global Natural Gas Demand to Rise Sharply

“Over the next five years, global demand for natural gas will rise at an average annual growth rate of 2.7% according to a report from the International Energy Agency (IEA) entitled Medium-Term Gas Market Report 2012. The projected growth rate is more than 10% higher than the projected average annual growth of 2.4% in last year’s report.
The IEA predicts that Chinese demand for natural gas will double in the next five years…”

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5 comments

  1. Mr. Cain Thaler
    Mr. Cain Thaler

    That’s awesome, but in no way does it fix the storage issue we have today.

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    • CRONKITE

      it’s a start…then we convert our transportation system and its bang zoom to the moon

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      • leftcoasttrader
        leftcoasttrader

        It’s only a matter of time.

        God has given the US a get out of jail free card via ridiculous amounts of natural resources.

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  2. razorsedge

    does big oil like this, are they holdin us back, control the pupet?

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    • leftcoasttrader
      leftcoasttrader

      Big oil is in the best position to benefit from any developments in natural gas. IMHO.

      I feel like those that claim big oil would squash any alternative energy developments are just looking for excuses as to why more advancements haven’t taken place.

      When in doubt…blame big oil.

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