Landowner

Natural gas storage already increasing

http://ir.eia.gov/ngs/ngs.html

With the natural gas storage level already high, the latest weekly report now shows that the storage levels are already increasing. This will put yet more cost depression in the market. This does not bode well for a price rebound. Could be a long, ugly year for the industry.

Views: 463

▶ Reply to This

Replies to This Discussion


LandownerPermalink Reply by Barry D on March 25, 2016 at 12:05am

David,

It was a warm winter so storage fields a filling quickly.

From what I am reading, there will not be a full fledged turn around in pricing until 2017


LandownerPermalink Reply by David Perotto on March 25, 2016 at 10:50am

Sounds very plausible, unfortunately...

RSS

Top Content 

1 Infinity Natural Resources

Infinity Natural Resources
2 Mahoning County leasing activity over time

Mahoning County leasing activity over time
3 Snyder Brothers Deep Utica Pivot

Snyder Brothers Deep Utica Pivot
4 Columbiana County, OH (western) 2026 news?

Columbiana County, OH (western) 2026 news?
5 Northeast wants to put a pad on our property.

Northeast wants to put a pad on our property.
6 Tioga County Landowners: Your Operator Is Becoming Its Own Company

Tioga County Landowners: Your Operator Is Becoming Its Own Company

Local Groups

▶ MINERAL OWNER TV
SHALE • DRILLING • MINERAL RIGHTS
Loading videos...
MORE VIDEOS
Videos by their respective creators.

© 2026   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service