The number of rigs actively searching for oil and gas in U.S. unconventional plays dropped by 1% for the week ending April 8, wiping out the 1% gain recorded for the segment during the previous week, according to NGI’s Shale Daily Unconventional Rig Count.
Wiping
Articles from Wiping
Futures Push Lower as Warm-Up Expected
Wiping out the bulls’ aspirations as well as their gains from Thursday, March natural gas futures followed Thursday’s 15.6-cent gain with a 15.9-cent loss on Friday to finish at $4.417, down 7.6 cents from the previous week’s close.
February 2, 2009
EVA: Demand Destruction Still Occurring, Some Will Be Permanent
High gas prices have caused severe and lasting demand destruction in the industrial sector, wiping out at least 2.8 Bcf/d of industrial consumption so far. But the situation is likely to get even worse before it gets better, according to Energy Ventures Analysis (EVA).
September 22, 2003
EVA: Demand Destruction Still Occurring, Some Will Be Permanent
High gas prices have caused severe and lasting demand destruction in the industrial sector, wiping out at least 2.8 Bcf/d of industrial consumption so far. According to Arlington, VA-based Energy Ventures Analysis’ (EVA) annual Fuelcast long-term outlook, industrial demand probably will decline another 2.5 Bcf/d before it begins to recover, and the recovery isn’t likely to happen soon.
September 16, 2003
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