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Research Paper: Shale Wells Lead to Long-Term Low Prices | Marcellus Drilling News
Is unconventional (i.e. shale) natural gas supply more responsive to price changes than conventional gas? A new research paper suggests that the answer is yes--specifically, almost three times as responsive, because shale gas wells are far more productive (2.7x more) than conventional gas wells. In "Trophy Hunting vs. Manufacturing Energy: The Price-Responsiveness of Shale Gas"