Natural Gas May Save US Producers As Oil Falls
Forbesยท2025-10-21 10:35
GARDEN CITY, TX - FEBRUARY 05: Flared natural gas is burned off at Apache Corporations operations at the Deadwood natural gas plant in the Permian Basin on February 5, 2015 in Garden City, Texas. Apache sends an estimated 50-52 million cubic feet per day of natural gas to this plant. As crude oil prices have fallen nearly 60 percent globally, many American communities that became dependent on oil revenue are preparing for hard times. Texas, which benefited from hydraulic fracturing and the shale drilling re ...