Saturday, January 30, 2010

The Big Picture

The Financial Times published a great big picture article on the Haynesville Shale this weekend.  It hits on the local issues and addresses the big picture concerns and opportunities.  While it is not new news to people who have been following the Haynesville Shale closely, it does a great job of boiling it down to a single piece.

Also this weekend, I read a good article in the Wall Street Journal about the plight of the proposed pipelines to ship gas from Alaska to the Lower 48 and how those plans are threatened by the newly recognized shale gas reserves.  Both the TransCanada AGIA and the Denali pipeline are going to have open seasons this winter/spring, and it is likely that neither will be successful.  I've been talking about this for a while, but with decreasing oil revenue, it seems as though the folks in Alaska have a much greater stake in seeing more widespread adoption of natural gas in North America.

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