Austin September 2014 Luncheon

"The Current Economics behind Natural Gas: Resource Development, Market Dynamics and Potential Demand"

Unconventional resource development has certainly helped the recovery from the 2008-09 recession via job creation and cheap energy. However, the understanding of shale gas resource potential and deliverability is still evolving. In the short-term, the problem is the low price of natural gas. The demand for natural gas is growing as investments are under way in industrial facilities, power plants, LNG and pipeline exports, and in the transportation sector. Yet, the timing and volume of demand and the ability of the producers to supply required amounts at desired prices remain uncertain. In this talk, Dr. Gülen will discuss U.S. shale gas resource assessments, natural gas market dynamics and potential developments in major demand sectors.