• US Nat Gas wells depleting at 32% and rising.
  • Number of rigs needed for stable production rises each year.
  • Utilization of rigs approaching capacity.

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What comes next? Rig count must increase forever to keep the gas flowing. This will drive the cost of drilling, and cost of natural gas. The end result will be, that wind and solar will become cost competitive on some magical day in the future, and utilities will trip over eachother to install systems on rooftops, just like DirectTV and Cable.

utilities will trip over eachother to install systems on rooftops, just like DirectTV and Cable.

Perhaps in MAdison Wisconsin - where all new roofs must be south facing....but not for saps like me who has an E/W Roof.

(thus my PV panels are perpenduclar to the ground on the south wall.)