Too much of a good thing

The price of US natural gas has hit record lows, but with storage fit to burst and demand in the doldrums, any hope of a price pick-up may remain a pipe dream for now, writes Pauline McCallion

Great things could lie ahead for the natural gas sector if US dreams of a greener future come to fruition. As a relatively clean fuel, natural gas could potentially play a huge role in helping to reduce carbon emissions. However, the final legislation has yet to be drafted and passed by Congress and, even then, it will probably take some time to design and establish a carbon cap-and-trade scheme. In the meantime, some pretty bearish demand fundamentals face the already over-stocked US natural