Gas processors' outlook seen bright amid old, new issues

The future for natural gas is bright, from both demand and supply standpoints. And the natural gas processing industry can benefit from that prospect so long as it accepts certain realities about its business and deals directly with some old and new issues.That was the keynote message delivered by Duke Energy Field Services Inc. (DEFS) Pres. Jim Mogg last week at the 81st Gas Processors Convention in Dallas.On the demand side, he said, natural gas is an environmentally clean fuel that is the fuel of choice for virtually all new power plants planned or under construction in the US. On the supply side, producers historically have shown that they can find and supply needed natural gas whenev...

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