Shale Gas Prices Have Hit Bottom: Survey

Energy Investing

Mining Weekly reported that a recent survey suggests that most industry participants believe that shale gas prices have hit the bottom.

Mining Weekly reported that a recent survey suggests that most industry participants believe that shale gas prices have hit the bottom.

As quoted in the market report:

Most exploration and production (E&P) market participants that contributed to a recent market survey believe shale gas prices have bottomed out and 87% of survey respondents predicted natural gas prices would stay the same or increase over the next two years or increase by 10% or more in the next five years.

To view the whole Mining Weekly report, click here. 

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