4 ms·

(2015) "With recent decreases in the price of natural gas..."

• chasil 6mo ago
  https://www.macrotrends.net/2478/natural-gas-prices-historical-chart https://www.macrotrends.net/2478/natural-gas-prices-historic...
• ars 6mo ago
  Natural gas in the US is so cheap, producers have to pay to get rid of it. However there's not enough transport hubs in the US to export it to places that needed it, although several companies have recently announced a pivot from wind energy to natural gas ports. (Wish they'd do both.)
  • leonidasrup 6mo ago
    There are many places in US where oil and gas are producted simultaneously (you can not get one without the other). High oil prices stimulate investments in oil exploration and this causes also increased natural gas production. Then if LNG export infrastructure is insuffcient natural gas prices can get into negative region. "An important feature of tight oil is that both oil and natural gas are present in the same formations and are produced from the same wells." https://www.ucs.org/sites/default/files/attach/2016/05/The-Truth-about-Tight-Oil-fact-sheet.pdf https://www.ucs.org/sites/default/files/attach/2016/05/The-T...