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We have watched, with some distress, the crashing and burning of the price for natural gas in recent weeks and months (see NYMEX Henry Hub Crashing and Burning – Lowest Close in 30 Months). It sure feels like we're back in the bad old days of "lower for longer" when it comes to the price
Three weeks ago, Chesapeake Energy announced a 15-year deal to provide natural gas for LNG exports to Gunvor Singapore Pte (see Chesapeake Cuts Back on Marcellus, Signs Haynesville LNG Deal). As we shared then, Chesapeake plans to export some of its Haynesville production to an unnamed LNG plant along the Gulf Coast. In a follow-up
Anderson King Energy Consultants, based in Dallas, Texas, advises clients in the oil and gas space on a variety of issues including acquisitions and divestitures, valuations of assets, and company strategy. AK provides its expertise to a number of companies, major companies with names you would recognize. Randy King and Jon Dormer, managing partners at
The lender says the size and speed of swings in commodity prices will hurt economies
The past 18 months have been a wild ride for natural gas prices. We've gone from years of low prices to spiking near $10/MMBtu. In just the past few months, prices have dropped like a rock. The price dropped to a fresh 30-month low yesterday (see today's lead story). The NYMEX price now threatens to