EIA Models Higher Natural Gas Output from Lower 48 for First Time Since Pre-Covid
Breaking from a prolonged downtrend that dates back to before the Covid-19 pandemic, natural gas output from seven key U.S. onshore regions is poised to grow from June to July, according to updated modeling from the Energy Information Administration (EIA).
Natural gas production from the Anadarko, Appalachia and Permian basins, as well as from the Bakken, Eagle Ford Haynesville shales and Niobrara formation, is on track to rise by 50 MMcf/d from June to July to reach 84.302 Bcf/d, EIA said in the latest edition of its Drilling Productivity Report (DPR).
15Jun2021 Pre-Market Commentary: Wall Street Futures Trade Flat As Investors Digest Retail Sales, Inflation Data, DOW Down 6 Points, Nasdaq Up 0 07%, WTI Cruded Higher 71 72, Bitcoin At 40000
econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.
15Jun2021 Midday Update: Wall Street Records Red Ink, But Off Session Lows, DOW Down 138 Points, Nasdaq Down 0 6%, Bitcoin 40100
econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.