25
Jun
18:16
US natural gas drillers face tough, permanent cuts
Some steel aimed at the US shale drilling industry might no longer have a place in the domestic supply chain, Kallanish understands from a Bank of America report.
The bank notes that shale drilling now accounts for 76% of domestic natural gas production, up from 24% in 2010.
“Consumers have benefited from the rapid supply growth, but there is a downside. It takes more drilling and completion activity just to maintain production due to the steep …
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Anonymous
Very good overview of the weekly steel market.
Anonymous