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Wood Mackenzie says rapid Permian Basin drilling is producing large volumes of associated gas, with output expected to climb from about 7 Bcfd to 13 Bcfd by the mid-2020s. Pipeline capacity is the main constraint on getting that gas to market.
Growing low-cost US associated gas supply is bearish for Henry Hub prices and strengthens US LNG competitiveness, which weighs on energy input costs.
woodmac.comSimon FlowersOct 24, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
