Is the Era of Cheap Natural Gas Over?

November 2016, Vol. 243, No. 11

By Nick Cunningham, OilPrice.com

Natural gas prices have been low for years as shale gas drillers continued to break records with higher and higher production. But just as the oil markets have gone through a very painful bust that is leading to a drop-off in supplies, the market for natural gas is going through a similar period of adjustment. Not only that, but demand is on the rise, with a wave of new gas-fired power plants coming online. The result is a much tighter market for gas than we’ve seen in years. Before there was a boom in oil…

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