# Citywire Selector | Shale is a victim of its own success, says GAM energy specialist

> Energy fund manager Roberto Cominotto said North American gas prices are 85% below their 2007 peak and down 13% year to date. He expects a rebound within a year as shale producers cut output, with the US rig count falling to 87 from 200 at the end of 2015.

- Date: 2016-06-02 · published 2016-06-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7638-citywire-selector-shale-is-a-victim-of-its-own-success-says-gam-energy
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Expected production cuts from falling rig counts could tighten NATGAS supply, though the rebound outlook is a forecast rather than a current supply change.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- citywire.com: https://citywire.com/selector/news/shale-is-a-victim-of-its-own-success-says-gam-energy-specialist/a915811

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.