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A Time of Volatile Natural Gas Prices

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During the past decade, the processes of hydraulic fracturing and horizontal drilling have liberated enormous amounts of natural gas from shale — a rock unit that rarely yielded gas to the drill in the past. Now, all of that new natural gas capacity is flowing into the market and changing the dynamics of natural gas pricing. In some areas such as the Marcellus Shale region, so much new natural gas is now available that existing pipelines are inadequate to take it away from the well sites.All of this new natural gas capacity has produced a current price of natural gas that is much lower than levels of just a decade ago. That is great news for consumers, but for the energy companies, the lower price has damaged their anticipated profits.For more details:Business consulting Services video Examples

Автор: Robert Hans


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