Natural gas is produced as a byproduct of crude oil drilling, especially in the Permian Basin. It would be difficult to plateau oil drilling while growing natural gas output.
The U.S. is the world’s biggest producer of both crude oil and natural gas. One fuels our cars and airplanes. The other heats and cools our homes. But the outlook for these two commodities is heading in different directions.
Read the full story here: https://www.marketplace.org/story/2025/08/05/us-oil-and-gas-outlooks-take-opposite-paths
...But as crude oil fundamentals are weakening, a totally different story is playing out for U.S. natural gas, which is finding new markets in Europe and Asia, said RBN Energy CEO David Braziel.
“The last two months have been absolutely wild in terms of big new natural gas demand centers from LNG making final investment decisions,” he said.
But here’s where the rubber meets the road: While demand for natural gas continues to grow, “at the same time you're seeing lower natural gas production, because crude oil is anticipated to drop with right with dropping rig counts,” Braziel said.
