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But as with MCF, how long before this technology can be fabricated into actual power stations?
FORBES: U.K. And U.S. Join Forces on Laser-Fusion Energy
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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
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That is, one barrel of oil is now worth 17 Mcf of natural gas (17, 000 cubic feet of gas)!
FORBES: Oil-to-Gas Ratio Says Oil Will Hit $200 A Barrel
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Since the late 1950s, U.K. scientists have been attempting to achieve the fusion of hydrogen nuclei (tritum and deuterium) using magnetic confinement (MCF).
FORBES: U.K. And U.S. Join Forces on Laser-Fusion Energy
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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
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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.
FORBES: The Gluttons of Natural Gas
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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
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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
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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
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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.
FORBES: We're Headed To $8 Natural Gas