A New Era Of Natural Gas In North America

Law360, New York (November 8, 2011, 1:01 PM EST) -- The media has ensured that the average American is aware of the profound changes in the United States energy markets resulting from recent dramatic increases in shale gas production. In the span of only a few years, United States natural gas supply forecasts went from predicting natural gas supply shortfalls to persistent supply surplus. Anticipated liquefied natural gas (LNG) imports have not materialized, and natural gas-fired generation is now set to play an even more significant role in North America’s electric markets.

Shale gas has significantly...
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