Continued oversupply from Marcellus, Haynesville and Permian associated gas is going to keep things low for a while. Permian gas production is roughly 1 bcfd less than the entire Haynesville play and is worth negative marginal dollars to producers out there. As long as you can make money with oil out there, the associated gas will depress the market.
LuccaOccidentalis t1_j9wzils wrote
Reply to Close to Impossible for rise in Natural Gas prices to end by [deleted]
Continued oversupply from Marcellus, Haynesville and Permian associated gas is going to keep things low for a while. Permian gas production is roughly 1 bcfd less than the entire Haynesville play and is worth negative marginal dollars to producers out there. As long as you can make money with oil out there, the associated gas will depress the market.