Natural Gas: a Supply Shock in the Making [View article]
I'm expecting a summer rally in NG. Demand will drop for seasonal reasons,but production will drop a lot faster. NG wells have initial depletion rates of 50%. As much as 70% in shale areas. Cut drilling,and production declines are almost immediate.
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I'm expecting a summer rally in NG. Demand will drop for seasonal reasons,but production will drop a lot faster. NG wells have initial depletion rates of 50%. As much as 70% in shale areas. Cut drilling,and production declines are almost immediate.
Mar 10 08:40 am
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All Comments by Perry1961 »Natural Gas: a Supply Shock in the Making [View article]