Producers are no longer receiving NGL subsidies from high prices in areas like Eagle Ford to justify new drilling as NGL prices hover in mid-teens

Have Natural Gas Prices Bottomed?

By Oilprice.com Leonard Brecken—— Bio and Archives--April 29, 2015

Global Warming-Energy-Environment | Comments | Back To Full Article

Last Friday we finally got confirmation of where all the natural gas supply has been coming from as Cabot (COG) reported its earnings. Just like Chesapeake (CHK), they reduced natural gas output, but on a much grander scale. CHK has yet to report and will do so on May 6th providing even more color on the subject.

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