Shale Gas News – March 16, 2019
The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about LNG demand, new compressor stations, PTT cracker plant and much more last week.
Every Saturday Rusty Fender and I host a morning radio show to discuss all things natural gas. This week we replayed a speech from Alex Epstein; Alex is an energy expert and the director of the Center for Industrial Progress (CIP).
The Shale Gas News, typically, is broadcast live. On the March 16th show, we covered the following new territory:
- Industry braces for ‘next wave’ of natural gas. A surge of natural gas export projects coming online around the world is rippling through global gas markets and upending the industry, with no end to the changes in sight.
- Growing role of oil majors in shale to blunt impact of price volatility: IEA. Major oil companies are accounting for a growing percentage of US shale output, a trend the International Energy Agency believes could blunt the impact of price volatility on US supply. US shale oil growth has almost entirely been driven by smaller, independent producers. However, the majors are less responsive to prices and have longer-term strategic plans and balance sheets that can allow them to continue to invest despite volatile prices, said Toril Bosoni, a senior oil market analyst with IEA, during a news conference Monday at CERAWeek by IHS Markit.
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