Natural Gas Value

Here's a link to a Chesapeake Energy presentation on their natural gas projects in the lower 48. It makes good reading and puts the value of Alaskan natural gas in perspective.

Here's the short version: There are lots and lots of new large scale natural gas plays in the lower 48 :Haynesville, Marcellus, Fayetteville and Barnett shales.

The upside: Natural gas will experience increase demand as all things coal are demonized in the new world order.

Perspective / Opinion: There's still a role for Alaskan Natural gas. Current shale gas production is 600 bcf/yr (1.6 bcfd) (data source) vs. 5.0 bcf/d for the Alaska Gas Pipeline (data source).