The U.S. Government in a recent publication announced that by 2005 all existing coal or oil-fueled power plants must be converted to gas-driven power generation. No permits for new coal or oil power stations will be granted.

The well known industry expert T. Boone Pickens on May 1, 2003 at a public speech in front of numerous big-size institutional investors in New York: “I don’t think I’ll ever see the gas price drop below the $4.50 mark again.”

Considering consistently rising demand, all experts of the industry have reached consensus that the natural gas price will undoubtedly continue its upward trend. (See also “ The Age of Gas” under “The Oil & Gas Industry”)