Posted on May 23, 2011 in
Markets and Competition |
Comments Off on Duke CEO: Utilities Should Remain Cautious on Natural Gas
James Rogers, CEO of Duke Energy Corp., said last week that American utilities should not over-rely on natural gas with the expectation that shale gas plays will solve America’s energy supply challenges. Rogers told Bloomberg that “[i]f shale gas turns out to be a mirage,” the United States will have to import more LNG from the global market. Rogers suggested that...