REUTERS/Carlos Garcia RawlinsU.S. oil drillers have been hollowed out from what has been described as a price war waged by OPEC. But a separate price war might soon descend upon the U.S. natural gas industry, which is already reeling from a downturn in prices.
The market for natural gas is not a global one in the same way that it is for crude oil. So while supply and demand fluctuations will reverberate around the world, the full effects of sudden shifts in fundamentals are usually confined to regional markets.
A global surge in natural gas export capacity is making the gas trade …read more
Source: Business Insider
