Mark Hayes Five Quotations

Prices are high, but without those price increases we would not have seen the 20 percent decrease in industrial gas demand that has occurred over the past five years. One by one, industrial gas users are either shutting down or switching to substitute fuels.

There has been a major realization that gas supplies in North America are less available than many thought just five years ago. Drill-rig counts have gone up, but gas production barely keeps pace.