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Western OK | Yeah I seen that one I believe, and I agree with him on a lot of points. I just get to pondering if natural gas goes way up like he claims, what will be the production response? I think they will move back into more gas heavy fields, I don't this will be enough though to keep natural gas prices in there historic norms though, mostly due to higher cost of production nowadays and our ever growing export capacity. The big wild card is the question on if things get out of hand, will the government shut down all exports? If they do the foreign markets for oil and gas will go nuts, throwing Europe especially into depression. What will that do to our internal market? That is a big question....
I've already lived through several ups and downs in the industry, covid really sucked, lots of uncertainty, and lots of consolidation. I've been at the same plant, doing the same jobs for 14.5 years, we are now on our third name. Company keeps getting bigger | |
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Low gas prices promise
