The new natural gas conventional wisdom says that "shale changes everything." Access to these large volumes of relatively low-cost gas will raise U.S. natural gas prices and decrease price volatility. That's why prices are low now, and why they'll stay there in the future. Trouble is, the narrative really doesn't hold water. Maybe gas prices will stay low in the future, maybe they won't. But whichever the case, it won't be because of shale.