SOURCE: Industrial Info Resources

Industrial Info Resources

December 16, 2010 05:10 ET

POWER-GEN: Dramatic Expansion of Shale Gas Resources "Changes the Game" for Gas Producers and Consumers, an Industrial Info News Alert

ORLANDO, FL--(Marketwire - December 16, 2010) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Natural gas prices will remain relatively low and stable for several years, thanks to the massive supply additions from shale formations, according to panelists at a POWER-GEN International 2010 session on Tuesday in Orlando.

"I can't think of a recent strategic development that more affects the oil & gas production business than the huge discoveries of shale gas," Jeff Brown, a principal at Pangea Global LLC (Haymarket, Virginia), told a standing-room-only audience of about 100 people. The huge gas resource additions from shale formations "will keep gas prices low and stable for a good many years," he predicted.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at, or browse other breaking industrial news stories at

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to or visit our website at

Follow us on: Facebook - Twitter - LinkedIn - Vimeo