CoBank: The Beginning of the End for Cheap Shale Gas

Lately, we keep reading predictions that the price of natural gas, while in the basement right now (low $2 range), will soon begin to go higher. And the price will stay higher. So say some experts (see our recent stories, $2.00 Natural Gas is Temporary, Just Like $10 Gas Was and Natural Gas is the New Oil – World Events Affect Price Everywhere). We just ran across another such prediction, this one from CoBank, a bank that provides loans, leases, export financing, and other financial services to agribusinesses and rural power, water, and communications providers in all 50 states. CoBank has just published a report (copy below) that hints this is the beginning of the end of cheap shale gas.

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