Marcellus

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    Natural Gas Surplus Is Breaking US Oil Industries

    Natural Gas Surplus Is Breaking US Oil Industries

    The outlook for natural gas producers is not lovely. They’re getting clobbered by low prices right now, amid a glut. However, the medium- and lengthy-time period appears even worse, with renewable energy increasingly taking market share. The gas industry has drilled itself into this predicament. Gas production continues to ratchet greater, quickly replenishing inventories, which had plunged to a 15-12…

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