Shale Gas News – August 10, 2019
The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about natural gas demand, Gulfport Energy, NY’s horrific energy bill and much more last week.
Every Saturday Rusty Fender and I host a morning radio show to discuss all things natural gas. This week, as a guest, we had U.S. Congressman Fred Keller, representing the 12th district of Pennsylvania.
The Shale Gas News, typically, is broadcast live. On the August 10th show (click above), we covered the following new territory (see news excerpts below):
- U.S. natural gas demand is at a record – and prices keep dropping. U.S. natural gas demand is at an all-time high and expected to keep rising – and yet, prices are falling. U.S. gas futures this week collapsed to a three-year low, while spot prices were on track to post their weakest summer in over 20 years. In other markets, such lackluster pricing would cause investment to retrench and supply to contract. But gas production is at a record high and expected to keep growing. Demand is rising as power generators shut coal plants and burn more gas for electricity and as rapidly expanding liquefied natural gas (LNG) terminals turn more of the fuel into super-cooled liquid for export.
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