GREY:BXEFF - Post by User
Post by
RichyRich$on Mar 11, 2020 12:29am
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
206 Views
Post# 30791690
Goldman Sachs Believes Low Oil is Bullish for Natural Gas!
Goldman Sachs Believes Low Oil is Bullish for Natural Gas!We believe a sharp reduction in U.S. shale oil drilling would, all else equal, be positive for natural gas prices, Goldman Sachs Equity Research analysts led by Brian Singer wrote in a note to clients early Monday. We estimate if our covered producers invest on the basis of $30-45/bbl WTI over the next five quarters, we will see more than 1 Bcf/d net less U.S. gas production.