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Tuesday, May 8, 2012

Noble's Massive Discovery Offshore Israel May Get Significantly Better


Sometimes when I look back in time to 2003 it doesn't seem like all that long ago. Today however I was looking back at some comments that were made by then Chairman of the Federal Reserve Alan Greenspan:
"Today's tight natural gas markets have been a long time in coming, and distant futures prices suggest that we are not apt to return to earlier periods of relative abundance and low prices anytime soon"
It is very hard to imagine that it was only 9 years ago that when it came to natural gas our leaders' primary concern was that we were about to run out of it.
Now in the United States we have an abundance of natural gas, so much so that many of our leaders believe that the country can free itself from foreign oil dependence by transitioning to the cleaner fuel.
Entire article from CVI's Devon Shire:

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