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VIDEO:People

When Global Gas Supply Peaks

Description:Matthew Simmons says our global gas supply may peak before oil supply peaks and warns that switching from gas will be harder than transitioning from oil. Gas was always priced at a discount to oil because it’s hard to transport. Now, many major gas reserves are already in production decline. (1:06)

Source: BigPictureTV

Tags: When Global Gas Supply Peaks , bigpicturetv , gas price v oil price , gas prices

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