natural gas

natural gas

Wednesday, December 3, 2014

Reuters - New Permits For Natural Gas And Crude Oil Drilling Tumble By 40% In November

We are already starting to see the effect of the crude oil market falling by nearly 40% from June, lower drilling permits.

Nearly 50% of total natural gas production is associated gas from other types of drilling including crude oil. If the crude oil rig count begins to drop, it could lower natural gas production.

http://www.reuters.com/article/2014/12/02/us-usa-oil-permits-idUSKCN0JG2C120141202

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