PA Marcellus Gas Production Declines in 2Q, News Not All Bad

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Last Thursday Pennsylvania’s Independent Fiscal Office (IFO) released its latest quarterly Natural Gas Production Report--for April through June 2020 (full copy below). The report shows natgas production in PA rose 2.8% compared to the same period last year. However, overall production fell 2.8% compared to 1Q20--the second quarter in a row production has fallen quarter-over-quarter.

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