Low natural gas prices could lead to more use of the product

Feb 12, 2012

As natural gas prices continue to drop, the
recent nationwide boom in drilling is slowing.
     Several companies have said in recent weeks they plan to cut
back production, but experts say the low prices are also opening up
new markets.
     Kathryn Klaber, president of the Marcellus Shale Coalition, says
there will be fewer natural gas wells drilled in 2012.
     Yet Klaber says that even as drillers are pressured by low
prices, the cost creates opportunities for more people and
industries to use the product.