Price Rally Sets The Stage for U.S. Natural Gas Boom

It’s “drill, baby, drill” time in the U.S. shale patch—but mostly for natural gas. U.S. producers continue to keep oil output steady amid WTI Crude prices below $70 per barrel and aren’t breaking discipline just because the Trump Administration wants lower oil prices. But the natural gas producers focused on the shale gas plays Appalachia, Marcellus, Haynesville, and the Eagle Ford have reasons to boost their output after a year in which many of them had to curtail production due to multi-year low prices. Price Rally…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com