Shale gas is starting to affect markets….

On December 30, 2011, in Blog, by Mark Henwood

The oil gas ratio hit a new record high December 27th with gas trading at $3.11/mmBtu and WTI going for $101.25/bbl yielding an energy ratio of 5.61.   In simple terms this means gas is  trading at the equivalent of $18.05/bbl crude. The market is starting to notice this rapid shift in natural gas economics.  Back [...]

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