Appalachia's shale region is reshaping American energy - GoMarcellusShale.com2024-03-28T23:35:15Zhttps://gomarcellusshale.com/forum/topics/appalachia-s-shale-region-is-reshaping-american-energy?commentId=2274639%3AComment%3A819773&x=1&feed=yes&xn_auth=noIMO, there are several reason…tag:gomarcellusshale.com,2019-12-03:2274639:Comment:8197732019-12-03T00:30:19.201ZBullfrexhttps://gomarcellusshale.com/profile/delmardave
<p>IMO, there are several reasons why activity is so low right now....</p>
<p>The wild west days of leasing are over, and the players have enough acreage to develop without new leaseholds.</p>
<p>Producers are now developing that leased acreage with the best chance of a decent ROI.</p>
<p>NG price is very low, and the consensus is that we will remain in this low price environment for the (hopefully only) near future. </p>
<p>This is a maybe, but almost all the Democratic 2020 candidates for…</p>
<p>IMO, there are several reasons why activity is so low right now....</p>
<p>The wild west days of leasing are over, and the players have enough acreage to develop without new leaseholds.</p>
<p>Producers are now developing that leased acreage with the best chance of a decent ROI.</p>
<p>NG price is very low, and the consensus is that we will remain in this low price environment for the (hopefully only) near future. </p>
<p>This is a maybe, but almost all the Democratic 2020 candidates for President are all in on renewables (foolishly so), thereby anti-NG, so there may be a bit of hesitancy until the election is settled.</p>
<p>Four more years of Trump may loosen things up a bit. Time will tell.</p> So why has leasing all but st…tag:gomarcellusshale.com,2019-12-02:2274639:Comment:8195802019-12-02T19:03:40.670ZAngela Brownhttps://gomarcellusshale.com/profile/AngelaBrown
<p>So why has leasing all but stopped in this region??</p>
<p>So why has leasing all but stopped in this region??</p>