News & Events

Volatility in gas prices, but positives for gas focused basins

Picture1Back in January when the calendar flipped over from 2019 to 2020, the outlook for natural gas in the United States was extremely bearish. Continued growth in oil production in the Permian meant increasing volumes of gas flooding the market regardless of benchmark prices given that gas production there is a by-product of oil production and, therefore, is not impacted by declining gas prices.

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korean cover2020년 1월 미국 천연가스 전망은 극도로 약세였다. Permian 분지의 지속적인 석유 생산량 증가는, 기준가격과 관계없이 시장에 넘쳐나는 가스 양의 증가를 의미했다. Permian에서의 가스 생산은 석유 생산의 부산물이고, 그래서 가스 가격 하락에 영향을 받지 않기 때문이다.

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