Post by
bullhorn3 on Mar 16, 2022 9:11am
Shale Oil Rising Means Natural Gas Price Falling
Natural gas is generally an "unwanted" byproduct of shale oil wells. This is the reason natural gas prices were so low during the last few years and the price of natural gas rose as shale oil companies pared their production of oil.... they sold natural gas at low prices just to get rid of the stuff. Watch out!
https://www.reuters.com/business/energy/us-shale-oil-forecasts-keep-rising-smaller-producers-lead-way-2022-03-02/