But as with MCF, how long before this technology can be fabricated into actual power stations?
Below is a three month price history chart comparing the stock performance of MCF, versus CIE and ERF.
FORBES: MCF Makes Bullish Cross Above Critical Moving Average
That is, one barrel of oil is now worth 17 Mcf of natural gas (17, 000 cubic feet of gas)!
Since the late 1950s, U.K. scientists have been attempting to achieve the fusion of hydrogen nuclei (tritum and deuterium) using magnetic confinement (MCF).
For Chesapeake, its natural gas production volume increased from around 420 mcf in 2005 to 925 mcf in 2010, largely to support the growing demand.
FORBES: Chesapeake Good For $38 But Faces Big Fracking Headaches
In 2009, Formosa Plastics Corporation (FPC) burned a whopping 40, 739, 225 Mcf of natural gas at its 1, 600 acre petrochemical complex in Point Comfort, Texas.
Natural gas production volume increased from around 420 mcf in 2005 to 835 mcf in 2009, largely to support the growing demand between 2005 and 2008.
FORBES: Chesapeake CNOOC Deal Is Fracking Great But Stock Still Too Gassy
For Chesapeake, its natural gas production volume increased from around 420 mcf in 2005 to 835 mcf in 2009, largely to support the growing demand between 2005 and 2008.
FORBES: Chesapeake Could Be $30 Stock, Shale Reserves Are Huge
We expect the natural gas production volume to follow an increasing trend, crossing 1300 mcf by the end of the Trefis forecast period, an average annual growth rate of around 5%.
FORBES: Chesapeake Good For $38 But Faces Big Fracking Headaches
So this means if production began at 5mmcf (million cubic feet) per day that by the end of year one that number may be reduced to 500 mcf to 750 mcf per day.
However, as a consequence of the economic downturn, which reduced demand and prices significantly in 2009, we expect the volumes to decrease slightly in the short term and then increase, crossing 900 mcf by the end of the Trefis forecast period.
FORBES: Chesapeake CNOOC Deal Is Fracking Great But Stock Still Too Gassy
However, as a consequence of the economic downturn, which reduced demand and prices significantly in 2009, we expect the natural gas production volume to decrease slightly in the short term and then increase, crossing 900 mcf by the end of the Trefis forecast period.
FORBES: Chesapeake Could Be $30 Stock, Shale Reserves Are Huge
应用推荐