Unconventional gas into a bright spot

"North America's abundant supply of natural gas will remain the state, natural gas demand from various quarters, and in some areas began to replace oil or coal." The world's largest natural gas pipeline transporters Canada Enbridge CEO Patrick Daniel confidence from these a
Industry great potential.
In recent years, North American  Unconventional gas  resources to achieve significant breakthroughs in the development of technology and matures, especially in the U.S. shale gas to achieve a large-scale commercial exploitation, making the local natural gas supply increased significantly, falling prices, and lead to natural gas and its associated line
Goes shuffle, the industry as " shale gas  revolution."
According to BP Yearbook, 2011 global natural gas production increased by 3.1%, of which U.S. natural gas production increased by 7.7%, the third consecutive year to maintain the world's largest producer of natural gas position; others or the larger and China (8.1%), Qatar (25.8%) and Russia (3.1%) .2011 global natural gas consumption increased by 2.2%, including the world's largest consumer market in the U.S. natural gas increased by 2.4%; non-OECD countries such as China, Saudi Arabia and Japan increased gas demand 21.5%, 13.2% and 11.6%, which is offset by 9.9% over the same period the EU shrinking demand.
U.S. Energy Information Administration predicts that by 2035, U.S. natural gas production in 2010 from 21.6 trillion cubic feet increase to 27.9 trillion cubic feet, of which shale gas production from 2010 to 2035 increased 5 trillion cubic feet years of 13.6 trillion cubic feet, which all contributed to shale gas increments.
In terms of price, this year in August, the U.S. Henry Hub natural gas spot price at $ 2.84 / million British thermal units, compared with July average price dropped $ 0.11, compared with $ 4.05 last year fell 30%. In the share price performance from 2009 to August 2012, the S & P Gas Utilities Index has risen more than 120% for the same period the S & P 500 index rose twice. As one of the beneficiary enterprises, listed on the New York Stock Exchange Onkyo company's share price rose out of a market, from the end of 2008 rose to $ 16 above the current $ 39.
Meanwhile, the U.S. shale gas revolution greatly reshape the global energy situation in the natural gas and even affect the pattern of the momentum, many countries have begun to seek a breakthrough in this field. This month, China launched the second round of shale gas exploration tender, was catching the state.
Summit gap Daniel in answer to the China Securities Journal reporter about the U.S., Canada  shale gas  technical cooperation, said Chinese shale gas development has enormous potential, Central America and in Canada in this area also have broad space for cooperation. But clearly, "beautiful words" hardly conceal protectionist U.S. technology pies. Canada Oil and Gas Information Enterprise Rogers Barry Rogers, president admitted to reporters, based on the strategic energy and core technology protection considerations, in fact, the United States is afraid of China's development in this field, let alone bilateral technical cooperation and exchanges.
"CNOOC bid for Unocal failure is a very famous example, which I would like to know China's energy industry." Rogers "closing statement" speaks volumes.