Natural Gas Production, Storage, Exports On Record Pace

Even though natural gas prices at the wellhead remain flat, production continues at a record pace, resulting in record high storage and record high exports.
Natural gas prices peaked at a little above $3 earlier in 2016, but they have not changed much since the crash of 2008 when they were above $10. Natural gas closed at $2.76 on the New York Mercantile Exchange on Nov. 16.
The economic theory ...

Subscribe and read the rest of this article.

Get Unlimited Access to OILMAN Magazine by subscribing today!

Here is a preview of our digital magazine:

Oilman Jan-Feb 2018

Have an account? Please sign in below.