bullish
How Are Gas Operators Navigating the Difficult Gas Environment in 2024?
SUMMARY
- Gas producers are responding to weak prices in 2024 by cutting capital spending by 8-17%.
- Production hit all-time highs at the end of 2023, but has since decreased with a surplus in gas storage.
- Operators are managing risks of potential future demand by building up duck inventory and focusing on operational momentum.
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.
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