قالب وردپرس درنا توس
Home / Business / Non-oil natural gas drilling machines are on par with the Covid-19 increase

Non-oil natural gas drilling machines are on par with the Covid-19 increase



A divided reality is emerging for US shale drilling companies: those that mainly pump oil are still struggling to survive, while those that produce natural gas are showing signs of rehibilitate.

Oil-focused miners are facing extreme financial stress, as new concerns about the coronavirus pandemic weigh on crude prices. But gas-focused drills are receiving a long wait. Natural gas prices are rising before winter and are less sensitive to closures that erode demand for transport fuel.


Source link