GREY:WFREF - Post by User
Post by
Karmanowon Jun 04, 2015 4:55am
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Post# 23795779
The Second Leg of LRE looks brighter
The Second Leg of LRE looks brighterOneStar thx for the article++ very telling 6 months out from here for Nat Gas. An huge lag time from the dramatic rig count stoppages ... "With Texas producing about a third of all natural gas produced in the US on an annual basis from a variety of different formations, it is an excellent proxy for the US industry as a whole." "Conservatively, I expect a 15% decline in the Lone Star state for all of 2015. That would result in a loss of more than 3 bcf/d."