US Producing Gas Wells producing gas wells increase despite low prices

Prices on the gas market have stopped to be the driver for Natural Gas production in the US a long while ago. Much gas today is associated gas that comes up with the oil and needs to go somewhere. Once the infrastructure constraints have been passed, this gas is in the market and as long as oil prices make it worth their while, oil producers will produce the oil and deal with the gas. As long as the gas price is not negative there will be gas and even if it’s negative, there is some slack that oil producers can take. Besides, oil and gas developers have longer memories than just two weeks. The market will come back. 

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