Although there are some complicating factors, the growth of Marcellus Shale natural gas production in the area from West Virginia through Pennsylvania into Central New York is expected to eventually reduce the market-topping prices that Northeast citygates have experienced in recent years.
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Rising Marcellus Output Likely to Cut Northeast Premium, But How Soon?
Although there are some complicating factors, the growth of Marcellus Shale natural gas production in the area from West Virginia through Pennsylvania into Central New York is expected to eventually reduce the market-topping prices that Northeast citygates have experienced in recent years.
GasMart 2009: Southeast Supply Area Gas Brawl Coming, Bennett Says
It’s no secret that the natural gas industry is long on supply and, thanks to the recession, currently short on market. Complicating the picture are the shifting geography of supply sources as producers target unconventional basins, and pipeline capacity constraints, which are expected to periodically push prices down further and put a ceiling on high prices, the founder of Bentek Energy LLC said last Wednesday.
Bennett: 6 Bcf/d Gas Brawl Coming to Southeast Supply Area
It’s no secret that the natural gas industry is long on supply and, thanks to the recession, currently short on market. Complicating the picture are the shifting geography of supply sources as producers target unconventional basins, and pipeline capacity constraints, which are expected to periodically push prices down further and put a ceiling on high prices, the founder of Bentek Energy LLC said Wednesday.