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U.S. Natural-Gas Production Rises to Highest Since January 2005
Aug. 31, 2011 12:10PM PST
Oil and Gas InvestingBloomberg reports that according to the Energy Department, U.S. natural gas production in the lower 48 states increased 0.1 percent in June to the highest level since January 2005.
Bloomberg reports that according to the Energy Department, U.S. natural gas production in the lower 48 states increased 0.1 percent in June to the highest level since January 2005.
The market news is quoted as saying:
Production rose to 69.47 billion cubic feet a day from a revised 69.39 billion in May, the department’s Energy Information Administration said today in a monthly report known as EIA-914. That’s the highest level since department began collecting monthly lower-48 data in January 2005.