Why Do Marcellus Drillers Continue Drilling with Prices in the Basement?
If a company that makes a product can no longer make that product at a profit, why would it keep making that product? Put another way, if Marcellus drillers can't make money by selling natural gas for 75 cents per thousand cubic feet (and they can't), why would they keep drilling new wells? And why would they keep pumping gas from existing wells? That's the question asked--and answered--by an excellent Oil & Gas 360 article...
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