Whats the difference between dry and wet gas?
When reading about shale plays, I keep coming across the concept of wet gas, and that this is good and more economic to develop. I know that the difference is down to chemical composition, not moisture, is that right?
Surely natural gas prices are relatively low, and whether the gas is wet or dry shouldn't make much difference in the scheme of things? Is wet gas easier to extract, is this the reason?