October 8, 2019 – Seeking Alpha
Gas producers slammed as supply glut drives down prices
By Carl Surran
[…] "It is going to take a cold winter and more exports to keep natural gas prices out of the cellar," says RBN Energy's Rusty Braziel, chief executive of RBN Energy, and Tudor Pickering Holt analysts recently warned that nat gas might fall below $2/MMBtu before prices hit a floor. […]
[…] U.S. production rose to a record 37T cf last year, and the Energy Information Administration forecasts dry natural gas production will average 91.6B cf/day in 2019, 10% higher than the 2018 average.
Read the full article here: https://seekingalpha.com/news/3504619-gas-producers-slammed-supply-glut-drives-prices