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And resources such as natural gas are at very low prices right now, due to recent development of huge deposits such as the Marcellus Shale. In the medium-to-lon
by CWuestefeld 17y ago
And resources such as natural gas are at very low prices right now, due to recent development of huge deposits such as the Marcellus Shale. In the medium-to-long term, I think that substitutability between oil and natural gas would go a long way, once oil prices get to a point where oil looks less attractive.
While I'm not entirely unconcerned, I don't think there's any reason to panic.