NaturalGasStocks.com Reports - Rising Demand and the Increasing Cost of Oil Pushes Natural Gas Price

From: NaturalGasStocks.com
Published: Mon Aug 29 2005


NaturalGasStocks.com Reports - Rising Demand and the Increasing Cost of Oil Pushes Natural Gas Prices Higher - Coal Bed Methane and LNG Provide Solutions

Unconventional Production Represents Future Sources of U.S. Gas Supply

POINT ROBERTS, WA. August 29, 2005 - www.NaturalGasStocks.com (NGS), and www.OilandGasStockNews.com (OGSN), global investor websites for the natural gas, energy and oil industries report on the growing demand and rising price of natural gas. Industry analysts Philip McPherson, Director of Research, C.K. Cooper & Company, and Joseph Magner, E&P Analyst, Petrie Parkman & Co, provide insight into current market drivers and the anticipated direction of the natural gas industry. Industry participants Chesapeake Energy Corp (NYSE: CHK), third largest independent producer of natural gas in the United States, and Petrol Oil & Gas Inc. (OTCBB: POIG), an oil and gas exploration and development company primarily focused on CBM, assess and evaluate the current environment and reveal future expectations.

Report Excerpt: The Natural Gas Market: Demand Exceeds Supply - Nowhere to Go But Up?

By Ann-Marie Fleming, www.NaturalGasStocks.com, www.OilandGasStockNews.com
August 2005

The Energy Policy Act that was recently signed into action by President Bush in early August contains provisions directed towards increasing the supply of natural gas, encouraging new exploration as well as providing tax incentives towards new construction of pipelines, in hopes of reducing the current disparity as demand continues to exceed supply.
The growth in demand for natural gas, explains Philip McPherson, Director of Research, C.K. Cooper & Company, essentially began with the Clean Air Energy Act, which restricted the construction of new electrical plants that ran on oil or coal. Continued pressure on gas prices grew as utilities, industrials and consumers began switching to natural gas to take advantage of its cost efficiencies and clean burning attributes. Other factors such as record price levels for oil, recent heat waves and harsh winters have also contributed to increased demand for natural gas.

To Read the Full Report Click Here:
http://www.NaturalGasStocks.com/OGSN/Articles/Natural_Gas_Market.asp

The NGS and OGSN sites do not make recommendations, but offer unique information portals to investors to explore news, articles, and recent research.

Featured Company: (OGSN and NGS are compensated by companies as disclosed in disclaimer.)

Petrol Oil and Gas, Inc. (OTCBB: POIG) is an oil and gas producer whose primary focus is the development and production of oil, gas, and Coal Bed Methane (CBM) in Eastern Kansas and Western Missouri. During the past three years POIG has acquired a large mineral acreage and drilled a total of 23 test/development wells in this area that are geologically suitable for CBM development. In addition, the Company has currently operates a producing property with 72 CBM wells in the prolific Thayer Gas Field in Southeast Kansas and has recently acquired an additional 400 gross acres within its Petrol-Neodesha property.
http://www.petroloilandgas.com/

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For more information contact:
Dawn Van Zant 800.665.0411
Ann-Marie Fleming 866.725.2554
Email: dvanzant@investorideas.com, or afleming@investorideas.com
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Company: NaturalGasStocks.com
Contact Name: Dawn Van Zant
Contact Email: dvanzant@investorideas.com
Contact Phone: 800-665-0411

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