Natural gas storage to grow as prices remain low

Major US LNG Exporter May Extend Texas Plant Outage Through December -  Bloomberg

 

One of the biggest gas producers in the Texas Panhandle says more U.S. companies will add to the growing amount of natural gas in storage because of the shutdown of t he Freeport Liquefied Natural Gas Export Terminal in Texas over the past several months.

It’s the prediction of Odessa oilman Kirk Edwards who along with Southern Gas Association President-CEO Suzanne Ogle of Dallas, believe natural gas prices will remained dampened down reported The Odessa American.

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