The natural gas vision -- 1

Blackouts of electrical power in the U.S. East this month show that work remains to be done in the growth market for natural gas. The work has a simple name: deregulation.To be sure, there has been progress toward a fully connected system in which supplies of electricity and generation fuels respond swiftly to changes in demand. But the process is far from complete. On it depend future growth in demand for natural gas and a revival of fortunes for lately troubled U.S. producers.Market growthFor many years, gas has been heralded as the clean-burning fuel of the future. Yet it is only recently that consumption of gas in the U.S. has climbed back to near the 22 tcf/year averages of the early...

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