Since 2011, Natural Gas bulls have been pointing to a decrease in production of NG, but stubborn production has refused to come down. It even increased despite drill rigs numbers dropping by half while prices dropped by 65%. Why is production still increasing? Associated Gas? Phantom wells? Delay in infrastructure?

A Closer Look - It's About Marcellus

Examining production data, we discover that it is less of the above and more about one factor. Marcellus. Or rather producers hopping from booming play to play, taking the best parts. Even as rig numbers decreased production continued to increase, but mainly in Marcellus.

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Texas

Next Texas, the home of the Barnett play.

1. Notice the biggest growth in production began in 2007 - 2009. It rises from 15.5 BCF to 20 BCF, 5 BCF/Day increase.
2. The drop in production from 2009-2010.
3. This is followed by a mini surge back

Australian Real Estate: Same Difference?

As Europe continued to receive bailout after bailout, delaying the inevitable, we look east to see what else to expect from the oncoming financial Tsunami of debt.

One economy that is centre focus is Australian, residential real estate in particular. It seems only rational that with the debt cloud is spreading around the global, that Australia - another Western Economy would be the next domino to fall.

It is highly possible that emerging Asian economies and Australian will become the next victim of the debt crisis. Both the US and the EU zone are now facing prolonged recessions, we find it extremely different to avoid the blow given that two of the biggest markets have slowed.

My fellow Australians disagree. Australia is different, they argue. We're not like the US or the Europeans. "This time it's different."

How many times have you heard that before?