Shale Energy Stories of Interest: Wed, May 6, 2020
MARCELLUS/UTICA REGION: Pa. lawmakers discuss coronavirus during Think About Energy Forum; NATIONAL: Tetco explosion, more production cuts send natural gas futures blasting past $2/MMBtu; Natural gas breaks $2.00 on upside rally and next target; U.S. energy-related carbon dioxide fell by 2.8% in 2019, slightly below 2017 levels; This could be the beginning of a tremendous oil rally; Oil at $30 may be enough to revive shale activity, say drillers; Oil majors delay deals amid volatile crude prices, lockdowns; INTERNATIONAL: TC Energy says natural gas flows (so far) unaffected by COVID-19; The 2020 oil crash’s unlikely winner: Saudi Arabia; Trump told Saudi: Cut oil supply or lose U.S. military support.
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