The Pennsylvania State University Extension will offer a chance to learn more about natural gas basis differentials across the country, and in particular those in the Appalachian Basin, during a webinar featuring Natural Gas Intelligence.
The one hour webinar, “Appalachian Natural Gas Prices -- How They are Determined and Where Are They Headed?” will be presented as part of Penn State Extension’s Shale Education monthly webinar series at 1 p.m. ET on Thursday, May 17. NGI’s Director of Strategy and Research Patrick Rau will be the featured speaker.
NGI was one of the nation’s first natural gas price reporting agencies and has launched several newsletters over the years to better inform the daily and bidweek spot market prices it now provides for more than 100 U.S. and Canadian trading locations.
Rau will provide a general background on the rise of Appalachian natural gas production, which has upended the North American gas market and forged wide discrepancies between local spot prices and the U.S. benchmark. He’ll discuss NGI’s Appalachia spot market prices, how the company calculates them and what’s in store for the future, among other things. His presentation will be followed by a question-and-answer session with the audience.