MARKETS -- NOT REGS -- HIKE GAS PRICES

Gas prices are increasing in the U.S. because of market fundamentals, not because of new gas proration schemes, a panel of state regulators agreed at the International Association of Drilling Contractors' annual meeting. Regulators from Texas, Louisiana, and Oklahoma, states that account for about 75% of U.S. marketed gas production, said they are changing gas proration systems in their states to keep up with evolving markets. For drilling contractors, those markets involve an alarming

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Home