Drillers and investors who are getting pummeled in the threadbare LNG market might not be sold anymore on the idea that natural gas is the fuel of the future, but it’s not only the future: It’s the key to every major global energy strategy in the world right now. It’s the key to dominion, and there’s every reason to be patient. Patience is hard when gas prices have tumbled to multi-year lows. Gas futures NGc1 prices have dropped to $2.29 per million British thermal units (mmBtu) at the time of this writing, down more than 40% over the past 12 months and the lowest level since May 2016. A big part of the blame can be pinned on a supply glut coupled with not nearly enough pipeline capacity to transport the commodity. Gas prices have even turned negative for some Permian Shale drillers Gas prices at the Waha Hub […]