BLUF: Government messed this one up too.
"But the real big consumer is, of course, the power-generation industry. And those guys are still tepid, having lived through the gas booms and busts before. So, will gas get really cheap until there is widespread carnage in the domestic exploration and production business? Or will power companies - or Congress - blink and take steps to use more gas to keep the lights on. Something has to give and it should be interesting. Stay tuned."
http://blogs.wsj.com/environmentalcapital/2009/07/23/natural-gas-glut-st
op-me-before-i-drill-again/tab/print/
