From Rusty Braziel at RBN Energy.
https://rbnenergy.com/the-battle-for-henry-hub-ominous-implications...
Phil
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Great find, Phil. The nationwide oversupply is going to continue to hurting operators for a while. Perhaps low prices will shake out some of the weaker producers and lead to a decrease in the capex and rig counts.
I have two years left on my lease. I am hoping that they don't drill me and renew my lease for another five years.
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