Chevron Says US Gas Price Needs to Rise _FT

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FROM:

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mandrews@ips.edu

DATE:

2011-03-15 14:40:30

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<285629CA-AEDF-4C14-A0B9-FA751BEEDC58@ips.edu>

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Devon Archer <darcher@rosemontseneca.com>

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Eric Schwerin <eschwerin@rosemontseneca.com>

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Hunter Biden <hbiden@rosemontseneca.com>

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>
>
> ---------- Forwarded message ----------
> From: <emailThis@ft.com>
> Date: Tue, Mar 15, 2011 at 10:37 AM
> Subject: mpandrews01@gmail.com has sent you a message.
> To: mpandrews01@gmail.com
>
>
> The following email has been sent to you by mpandrews01@gmail.com
> Interesting though perhaps not what it appears to be.
> CHEVRON SAYS US GAS PRICE NEEDS TO RISE
> By Ed Crooks in New YorkPublished: March 15 2011 02:57 | Last
> updated: March 15 2011 02:57
> Natural gas prices in the US need to rise significantly for the
> industry to be sustainable in the long term, a senior executive at
> Chevron has said.
> The boom in production of gas from shale rocks and other sources
> that have not traditionally been economically viable has driven
> prices down to about $4 per million British thermal units.
> This article can be found at:
> http://www.ft.com/cms/s/0/08b5d9cc-4e93-11e0-874e-00144feab49a,_i_email=y.html
> "FT" and "Financial Times" are trademarks of The Financial Times.
> Copyright The Financial Times Ltd 2011
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