Power Generation and Gas Demand
The Houston Chronicle is reporting on the potential for power generation to help slumping natural gas demand: "Technology that allows drillers to access densely buried fossil fuels has launched a drilling frenzy in shale rock regions, pushing the supply of natural gas to a record high and its prices to cavernous lows. But heat-efficient buildings and a mild autumn up North have curbed consumers' desire for the fuel. *** Increasingly, industry watchers say, the most promising cure for the glut isn't natural gas-powered vehicles or manufacturing. It's in the declining popularity of coal, the country's dominant power plant fuel."
