US Natural Gas Production Growth Shows Few Signs of Slowing Down

摘要

The natural gas analytical team at Raymond James looked at the latest surge in US domestic gas production and concluded "supply growth is neither a sprint nor a marathon... more like sprinting a marathon." After taking an April-to-July breather from an early 2010 monthly rise of 1 billion cubic feet per day, August output jumped 1 Bcf/d, a pace that likely continued into September, the analysts said, adding, "A preliminary look at the next quarter would suggest that we're in store for much of the same, with company guidance implying sequential supply growth of another 1-1.5 Bcf/day for 4Q10. All told, we remain confident that US gas supply growth has yet to liit a wall."