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SUPPLY/DEMAND

Gas Output Expected to Rise Despite Falling Rig Count

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Published:
Fri, May 26, 2023
Author
Mark Davidson, Washington
Editor
Chris Raine
Pipelines,natural,Gas,industry,factory
Avigator Fortuner/Shutterstock

US natural gas production will be 3% higher this summer than last despite a precipitous decline in the gas-directed rig count, the Natural Gas Supply Association (NGSA) predicts — part of a bearish cocktail that should keep downward pressure on wholesale gas prices.

Topic:
Gas Supply
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