Friday, 19 April 2024
BTU Analytics, LLC, a natural gas, oil, power and NGL market analysis company, announces significant changes to their near-term natural gas production forecast in analysis recently released to their clients. In a piece entitled, "Historic Reversal of Fortune for the Natural Gas Industry," BTU outlines the factors leading to their bold and counter-consensus view.
"Several large US independents are facing down bankruptcy as market forces have been stacked against the natural gas industry for the past few years, but unhedged gas producers could get an unexpected bailout in the form of a market instantly and shockingly short natural gas very soon," said Kathryn Downey Miller, President at BTU Analytics, LLC. She went on to say, "Crude shut-ins could remove 5 Bcf/d of production this summer and by 2021 the gas market could be so short, LNG imports might again be discussed."
Contact BTU Analytics to learn more about this analysis or to schedule a call with one of their market experts.
Aware of her elements, Neha writes the best articles across industries including electronics & semiconductors, automotive & transportation and food & beverages. Being from the finance background she has the ability to understand the dynamics of every industry and analyze the news updates to form insightful articles. Neha is an energetic person interested in music, travel, and entertainment. Since past 5 years, she written extensively on sectors like technology, finance and healthcare.
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