It will add to the hydrocarbon-rich state’s mitigation of flared associated natural gas supplies in the Bakken Shale play.
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Production Grew, Imports Faltered and Prices Gyrated in 2006
The average monthly wellhead natural gas price fell from a record high of $10.35/Mcf in October 2005 to $5.03/Mcf in October 2006, which was the lowest monthly average since April 2004. But when one steps back a bit and looks at the market on an annual basis the 2006 roller coaster looks a bit smaller.
April 9, 2007
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