The U.S. natural gas market — and thus, long-term gas prices — won’t be upended because of the unconventional resource “revolution” because marginal costs ultimately determine gas prices, according to Morningstar.
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Nabors CEO: Pressure Pumping Business Rebounds in June
The “pace” of new hydraulic fracturing (fracking) equipment deliveries to North America’s onshore resource plays is back on track after a frustrating three-month delay caused by a wet spring in the Marcellus Shale, harsh conditions in North Dakota and delayed equipment deliveries, the CEO of Nabors Industries Ltd. said Wednesday.
Raymond James: U.S. Gas Growth Yet to Hit Wall
A modest “re-acceleration” in sequential natural gas supply growth in 3Q2010 doesn’t appear to be slowing down, and in fact implies that gas supplies could jump again in the final three months of the year by as much as 1.5 Bcf/d, analysts with Raymond James & Associates Inc. said last week.
Raymond James: U.S. Gas Supply Growth Yet to Hit Wall
A modest “re-acceleration” in sequential natural gas supply growth in 3Q2010 doesn’t appear to be slowing down, and in fact implies that gas supplies could jump again in the final three months of the year by as much as 1.5 Bcf/d, analysts with Raymond James & Associates Inc. said Monday.