With the boom in shale gas production, an oversupply of natural gas is likely to outstrip demand for the fuel and keep prices under the $5 level, Colorado-based Bentek CEO Porter Bennett told the gas committee Monday at the summer meeting of the National Association of Regulatory Utility Commissioners (NARUC) in Los Angeles.
Outstrip
Articles from Outstrip
Oilfield Services Industry Forecast to Grow Through 2012
The growing abundance of shale gas and liquids production is leading to a “paradigm shift” in the global oilfield services industry that should lead to business growth over the next two years, especially in the U.S. land market, FBR Capital analysts said in a new report.
February 14, 2011
AGA Says Supplies Plentiful Due to Growth in Shales
Supplies for the anticipated coldest month in the upcoming winter heating season (January) are expected to outstrip peak gas demand due to new production from emerging shale gas plays, making for a relatively stable market in the months ahead, the American Gas Association (AGA) said in a report issued Monday.
October 5, 2010
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