'Free' gas slams prices, makes marginal supply unnecessary

摘要

"A growing portion of gas production in the U.S. is funded in such a way that its effective cost is close to zero," say Barclays Capital analysts James Crandell and Biliana Pehlivanova in a recent report. This will have major implications for the market and competing E&P companies. The smaller or private independents that produce marginal resources such as stripper wells may be the most at risk.