Surging Natural Gas Prices

How are the surging natural gas prices affecting drilling this year, and what about going into 2022?  Are the gas companies taking advantage of these higher prices?  What`s next?

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Permalink Reply by Ralph cramdon yesterday

The gas needs to move out of State ... NY is currently a ZERO  new pipeline zone ..... Same with New England and NJ ..... The MVP Pipeline going to the Southeast US has been in the Courts for years and currently stalled once again ... CTRA and CHK are keeping production flat in NE , PA due to lack of pipes ...... So its very difficult to get new pipe permits to move gas out of State ,, meanwhile Outfits like KNTK in the Permian have some excess capacity that will be used up in the next few years ........More SE PA gas could be piped to the Gulf Coast in the future as more LNG Plants come online .....Turned Bullish on Fri, on  OILY Stocks and Gassers with good wet gas exposure .

Permalink Reply by Ralph cramdon 3 hours ago

Repub Gov Candidate Lee Zeldin is pro Fracking in NY .... Most likely if he should win , new Pipelines would also be allowed .... We shall see .....

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