VERONA, WI -- (Marketwire) -- 07/12/11 -- Advancements in horizontal drilling technologies have made accessibility to shale natural gas supplies very cost effective. In addition to improved drilling rig efficiencies, lower operating costs, and higher production yields, many producers are supplementing natural gas revenues with the economic benefits of natural gas liquids or NGLs. This has driven natural gas prices down, but according to Natural Gas Price Outlook, the potential for a price momentum change increases substantially in the second half of 2012.
Natural gas production levels continue to exceed natural gas demand requirements. This imbalance is a primary reason natural gas prices have fallen. There are no immediate concerns over natural gas supply resources, and the discovery of stacked shale plays could add to current production levels. However, other factors are changing even as production levels expand. According to Natural Gas Price Outlook, growth in natural gas-fired electric generation, a lack of NGL processing capacity, the increased potential of natural gas exports, the shifting of drilling rigs from natural gas plays to crude oil plays, and the positions being held by the speculative sector have the potential to dramatically change the natural gas price outlook by the middle of 2012.
In addition to the above, Natural Gas Price Outlook evaluates numerous other factors that will impact natural gas prices through 2013, including changes in pipeline infrastructure, global shale resources, and environmental impacts of horizontal drilling and hydraulic fracturing.
Natural Gas Price Outlook will help businesses better understand the changing natural gas environment so that they can make more informed decisions related to the purchase or sale of natural gas or related products. This analysis, which is available at a discounted rate of just $199 through July 31, 2011, provides both buyers and sellers of natural gas with a thorough review of market factors that will impact natural gas prices over the next 24-36 months.
To learn more and to reserve your copy, visit www.NaturalGasOutlook.com or call (608) 848-9589.
About Energy Solutions, Inc.
Natural Gas Price Outlook is written by Valerie Wood, President and Owner of Energy Solutions, Inc., an industry veteran with more than 26 years of natural gas expertise. Formed in 1996, Energy Solutions, Inc. is independently-owned and specializes in providing straightforward, trustworthy and timely information on natural gas price direction. With combined experience of more than 50 years in the natural gas industry, our team focuses on helping businesses better understand the natural gas industry in order to improve their competitive edge.
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