The Natural Gas Industry--It's A Whole New Ball Game.

Pipeline & Gas JournalVol. 227 Nbr. 10, October 2000

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Summary


Statistical Data Included - Industry Overview

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The Natural Gas Industry--It's A Whole New Ball Game.

The natural gas price is like a knuckleball. You can see it coming in, but there is so much movement on it, you can't tell where it is going. Prices are too good to be true, and that creates a whole new ball game for the U.S. gas industry.

In 1995, the Federal Reserve Bank of Dallas announced that the oil and gas industries had achieved efficiencies that would enable them to thrive when crude oil was at $17/Bbl and natural gas sold at $1.70/MMBtu. Toda...

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