Tropical Storm Lee continues to creep northward near the Louisiana Coast and is expected to be a flood threat across the Southeast into early next week. Almost half of the oil production and one-third of natural-gas output in the U.S. Gulf of Mexico was shut down Friday due to Lee, the Bureau of Ocean Energy. Read the Rest…
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for: ‘Natural Gas Production’
Does Latest Natural Gas Production Report Signal a Market Bottom?
For months analyst have been looking for the massive drop in rig counts to result in a decrease in natural gas production in the U.S. According to the Energy Information Agency’s latest production report, this has finally happened. Production in the lower 48 states fell by 1.4 billion cubic feet per day in September. This. Read the Rest…
