Why Does NatGas Production Keep Rising with Lower Prices? | Marcellus Drilling News
The NYMEX futures price for natural gas recently hit a 30-month low (see NYMEX Henry Hub Crashing and Burning – Lowest Close in 30 Months). There's an old economics bromide that goes, "The cure for low prices is low prices." Meaning when prices get low enough, manufacturers (or producers, in the case of oil and