FILE PHOTO: A view of a well site which sits atop the natural gas-rich Marcellus shale formation in Western Pennsylvania outside of Union City, Pennsylvania, U.S., October 23, 2020. REUTERS/Shannon Stapleton/File Photo
“Demand has remained pretty robust. Supply has been starved for capital,” said Christopher Kalnin, chief executive of Denver-based Banpu Kalnin Ventures, which last month closed a deal to acquire Devon Energy natural gas assets. Banpu Kalnin has hedged about 65% of its gas production for next year. Helping drive the improved outlook is expanding U.S. liquefied natural gas shipments. This month, LNG exports rose above pre-COVID-19 levels and could average 8.4 billion cubic feet per day in 2021, a 31% increase from 2020, according to the latest U.S. Energy Information Administration forecast.
Ugh
Hi Reuters, why you alway tweet same thing more than once , sometime 4 or 5 times next to each other? How to stop it?
Excuse me, 🤮 fossilfree stopfracking
They are literally pumping poison into the water tables.
carole_nakhle
TIGRAY LIVES MATTER!!
Hey Eddie Murphy. Wanna Trade Places?
Lucky locals! All that contaminated water will turn their offspring into 3-eyed fish!
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U.S. shale producers reveal extent of hit from Texas freezeOccidental Petroleum Corp, Diamondback Energy Inc and a host of smaller Permian-focused U.S. shale producers on Monday forecast lower oil output in the first quarter, giving the first indications of the hit to the industry caused by last week's winter storm. What about the hit to ordinary citizens? FFS! 🙄
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Shale producers see deep freeze hitting thousands of barrels of outputOccidental Petroleum Corp, Diamondback Energy Inc and a host of smaller Permian-focused U.S. shale producers said on Monday their first-quarter oil output will be hit by a recent winter storm that knocked out power to millions in Texas.
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OPEC oil has advantage over U.S. shale during pandemic recoveryThe once-brash U.S. shale industry, which spent profusely in recent years to grab market share, is now focused on preserving cash, putting it at a disadvantage to low-cost OPEC producers as the global economy begins to gear up again. Recently my friend's baby was diagnosed with acute lymphocytic leukemia & needs a stem cell transplant. Jason & his wife are first-time parents caring for a sick baby & could use some help. If you are in a place to donate or share, it would be appreciated.
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