Bad Call
The conventional wisdom said that the U.S. would soon become a big importer of natural gas.
The conventional wisdom blew it.
By RUSSELL GOLD
In the summer of 2003, former Federal Reserve Chairman Alan Greenspan appeared before a congressional committee to share his thoughts about the U.S. natural-gas market. It might have been better for the industry, and some investors, had he kept those views to himself.
Recent price spikes, Mr. Greenspan said, were the result of increased demand chasing limited U.S. supplies.
Natural gas heats about half of U.S. homes and generates 20% of the nation's electricity....For Complet Article, Click On Link Below
http://online.wsj.com/article/SB123378467642449289.html
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