Preeminent

For the time being at least, Marcellus Shale producers are paying the price for too much of a good thing. Concentrated development in the nation’s preeminent shale gas play has made for basis-inverting constraints on Tennessee Gas Pipeline. However, the industry has seen this sort of thing before (in the Rockies more than once, for instance), and the market will work it out, eventually, a Marcellus producer told NGI’s Shale Daily.

For the time being at least, Marcellus Shale producers are paying the price for too much of a good thing. Concentrated development in the nation’s preeminent shale gas play has made for basis-inverting constraints on Tennessee Gas Pipeline. However, the industry has seen this sort of thing before (in the Rockies more than once, for instance), and the market will work it out, eventually, a Marcellus producer told NGI.

Technology and deregulation are viewed as the preeminent driversfor change in the energy industry by executives speaking last weekin Houston at the 17th congress of the World Energy Council.Indeed, change – of the fast-paced and relentless variety – seemedto be regarded as a given by most at the congress.