Developing America’s Unconventional Resource – Natural Gas
emilyicosa : March 16, 2012 10:40 pm : 1-Innovation, 2-Infrastructure, 2-Resources, 4-Business, 4-National, 5-Emily Haggstrom, Energy & The EnvironmentJust prior to 2008, shortly before the United States financial collapse, gas was in the range of $13 dollars; a far cry from the low price that gas sunk to last week. At $2.30 per 1,000 cubic feet, pricing has pushed some operators, like Colorado-based QEP to stop production in dry gas plays across the United States, abandoning their wells to grind through the slope in the market. “Trying to survive will not work, operators have to continue to thrive with low gas prices. It is the only successful strategy,” said Steven Mueller, President and CEO, Southwestern Energy.
Although dry gas isn’t favoring well, the demand and the price of natural gas liquids continues to do well in domestic as well as export markets. During CERAWeek, gas operators and market enthusiasts shifted from the previous day’s oil conversation to the growing role of natural gas, supply and demand as well as market trends and pricing. Read More »














