Appalachian gas production sinks as in-basin prices dip below $1
September 29, 2023 Comments Off
Natural gas production in the Appalachian Basin is coming under pressure as waning autumn demand in the Northeast pushes prices there to their lowest since last November. Assuming the market follows a pattern seen in recent years, though, output could see a rebound by the fourth quarter. In September, production from the Marcellus and Utica shales has averaged just under…
Appalachian gas production sinks as in-basin prices dip below $1
Natural gas production in the Appalachian Basin is coming under pressure as waning autumn demand in the Northeast pushes prices there to their lowest since last November. Assuming the market follows a pattern seen in recent years, though, output could see a rebound by the fourth quarter. In September, production from the Marcellus and Utica shales has averaged just under…
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