U.S. lower-48 dry gas production is up 5.2% from a year ago. Demand in the lower 48 is barely above year-ago levels. The active natural gas rig count held steady at 126 for the week. Ras Laffan damage to Qatar’s LNG facility is holding a floor under the market long-term.
Natural Gas News: Inventory Report and Cooler Weather Keep Gas Market Under Pressure
U.S. lower-48 dry gas production is up 5.2% from a year ago. Demand in the lower 48 is barely above year-ago levels. The active natural gas rig count held steady at 126 for the week. Ras Laffan damage to Qatar’s LNG facility is holding a floor under the market long-term.