Where Are Oil & Natural Gas Prices Headed? Gary Evans of MHR

Natural Gas Prices Expected To Have Much More Upside

Where are natural gas prices and oil prices headed in 2013? Gary Evans discusses his view US oil & gas prices in the video below.

Notes from the interview include:

  • Need cold weather for natural gas prices to recover
  • The industry needs $4 natural gas prices
  • Technology has allowed for recent shale boom
  • China and India are thirsty for oil
  • The US is producing more than 50% of what it consumes
  • WTI to Brent spread allowed for the recent run up in oil prices
  • Not bullish on oil prices, but expects more upside to natural gas
  • Difficulty in leasing is really a federal lands issue

Do you agree or disagree? Share your thoughts in the comments below.

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R.T. Dukes

R.T. Dukes

Managing Editor at EagleFordShale.com
R.T. is the managing editor of EagleFordShale.com. In prior roles, he advised major oil companies on strategy, the macro business environment, and opportunity screening. 2503 Robinhood, Houston, TX, 77005, U.S.A. | Telephone: 832.429.4790

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