U.S. Drillers Scale Back Operations as Gas Prices Tumble
Feb 16, 2024
U.S. natural gas producers are beginning to reduce drilling and investment as low prices weigh on their returns.
Reuters reports that natural gas prices in the U.S. hit the lowest in three and a half year, betraying drillers’ expectations for a rebound this year after last year’s price depression due to ample supply.
