natural gas

natural gas

Tuesday, December 23, 2014

U.S. Dry Natural Gas Production Reaches New All-Time High


U.S. dry natural gas production was projected to be 3-4 Bcf higher this winter over last winter.

Production has instead climbed to 8+ Bcf higher than 2013 with much of the gain coming over the past two months.

Excess production and lower weather-related demand have dropped prices back toward 2013 price lows.

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