Building a world of
resilient communities.

MAIN LIST

 

Despite Drilling, U.S. Gas Output Continued Decline in Q1

Three analyst groups have concluded that quarterly U.S. natural gas production dropped between 4.9-5.3% compared with a year ago, led by a sharp decline among the majors. The quarterly figures, said Lehman Brothers' analyst Thomas Driscoll, are "both surprising and disappointing given drilling activity," because "industry appears unable to 'drill its way out' of gas market tightness."

Editorial Notes: Summary only.

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Make connections via our GROUPS page.
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.