Low Gas Prices Crush Appalachia Shale Boom

Low Gas Prices Crush Appalachia Shale Boom

Authored by Nick Cunningham via OilPrice.com,

Low natural gas prices have finally brought the decade-long shale gas boom in Appalachia to a halt.

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Gas production in Appalachia declined by about 1 billion cubic feet per day (Bcf/d) over the past 30 days, bringing output down to an average of 32.7 Bcf/d,acco…

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