Demand for natural gas is forecast to drop in the United States next year and analysts say interesting in natural gas exploration is dropping.
In Newfoundland and Labrador, a natural gas royalty regime remains elusive. originally talked about in 1998, it has languished under successive administrations. The most recent policy dithering under Danny Williams has seen the policy largely ignored for the better part of three years. It will now be included in the energy plan - due sometime next year, having been proposed several times in 2006 and delayed inexplicably each time.