Global natural gas market poised for dramatic change

10/16/2000
The global natural gas market is about to change more drastically than most observers expect, and in directions few suspect, according to a University of Houston economics professor and industry authority.Michael J. Economides, co-author of The Color of Oil, a book about the economics of the industry, presented a paper at the Society of Petroleum Engineers annual meeting in Dallas earlier this month. R.E. Oligney and A.S. Demarchos were the paper's co-authors.Economides said environmental concerns, whether "real or imagined," will push development of fuel-cell technology much faster than currently expected."By 2005, the age of hydrogen will dawn, pushed first by fuel cells running on ...
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