See it already in how natural gas deals are proceeding internationally: the flow out of North America alters things, regionalizing flows more as Japan and Germany move off nukes and seek to ramp up their use of gas to generate electricity, and as emerging markets in general ramp up their gas use.
But another displacement raised in the recent Wikistrat crowd-sourced online simulation on the North American Energy Export Boom was the notion that the long-term abundance of cheap gas in NorthAm would encourage a crowding out of oil in transportation:
- Encouraging hybrids by making electricity cheaper long term;
- Enabling more direct natural gas fueling of vehicles (typically trucks); and
- Pushing refiners to take NG, process it into syngas and then into gasoline.
WSJ story cited here:" "Natural gas to power pickups." US auto makers introducing trucks powered by NG "as they look to catch the growing wave of interest in the fuel as an alternative to gasoline." So here we're talking either pure compressed natural gas (CNG) or vehicles, like the one Chrysler is working, that will run on a combo of gasoline and CNG.
Exciting stuff.