Stag Energy Services: Low Natural Gas Prices Give U.S. an Edge
Cheap Natural Gas Prices Help Give the U.S. a Competitive Edge -- a
Reality That Has Earned a Comment From Stag Energy Services
SAN ANTONIO, TX -- (Marketwire) -- 02/12/13 -- When it comes to
attracting foreign investors, manufacturers, and developers, there
are a few factors that provide the U.S. with a competitive advantage
-- and according to a recent MarketWatch blog entry, affordable
natural gas prices are high on the list. Indeed, for companies in the
United States, natural gas is cheaper than it is in other parts of
the world, something that makes it more cost-effective to develop
factories and industrial infrastructure stateside, as opposed to in
Europe or in Asia. This important economic reality has earned a
comment from Stag Energy Services.
Stag Energy Services is based in Houston, and provides an expansive
suite of services to American oil companies. Stag Energy Services
counts among its client base some of the world's best-known suppliers
of oil and natural gas; the company is led by James Mann, himself a
long-time energy industry veteran. Stag Energy Services has released
a new statement to the press, commenting on the importance of cheap
natural gas prices for attracting manufacturers from overseas.
"U.S. companies often forget about some of the rich advantages
provided by our energy economy -- not the least of which is the
rock-bottom affordability of natural gas," comments Mann, in the Stag
Energy Services press statement. "Low natural gas costs translate to
low electrical power costs, which in turn means that a factory or a
plant can be established and run much more affordably. Given this, it
is not at all hard to understand why so many international
manufacturers cast an eye to the United States as an ideal place to
set up shop, especially when U.S. natural gas prices are compared to
those in many European nations."
Mann's comments find affirmation in the MarketWatch story, which
notes the difference between U.S. natural gas costs and European
natural gas costs.
Specifically, natural gas currently costs somewhere around $3.40 per
thousand cubic feet in the United States; meanwhile, it is between
$10 and $11 in Europe. In Asia, the cost is as high as $15. "The
difference is really night and day -- so, again, it is not hard to
understand why this is such a boon to U.S. manufacturing," offers
The MarketWatch report features a quote from Hugh Welsh, who serves
as the U.S. President of Dutch company DSM; DSM is currently planning
an expansion of its U.S. operations, based largely on the
affordability of natural gas. Welsh calls low natural gas prices "a
good incentive for any manufacturer" and "an enormous competitive
advantage" for the United States.
Stag Energy Services is a company dedicated to provide a
comprehensive suite of services to oil companies throughout the
United States. Under the direction of Operations Manager James Mann
the company benefits from his years of natural gas and oil
experience. The firm is devoted to the highest standards of quality
and of service in all of its offerings, which include site
construction, equipment rental and repair, well maintenance, the
provision of trained contract personnel, and more. Stag Energy
Services' client list includes some of the most prestigious and
prolific oil companies in the entire United States.
Company: PR Management Inc.
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