Market Monitor – Development of a Bullish 2021 Natural Gas Price Environment
- Posted By: Scott Merrell
Reduced drilling activity and capital expenditures (CAPEX) cuts by oil and natural gas producers present a strong risk of higher natural gas and, subsequently, electricity prices in the coming years. In 2020, mild winter weather and record natural gas production levels have dragged natural gas prices to 25-year lows. Also, oil prices have collapsed to […]