Dec 4
Driven by Oil Shale Economics, Natural Gas Prices Primed for Slow and Steady Rise
(Forbes) – Much has been written about the Marcellus shales, the largest shale gas field in the US. The rapid drilling program has been responsible for a supply glut, which drove spot prices down this year as low as $2.00 per mmBtu. Since then, prices have recovered somewhat, to the $3.75 range. Until recently, it…