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Natural-Gas Producers Hitch a Ride on Oil's Comeback

Natural gas accounts for 71% of reserves and 69% of output for the 27 companies that make up the S&P Supercomposite Oil and Gas Exploration and Production index, says IHS Herold, an energy-research firm.

 

Yet despite the gas price having dropped 52% since the start of the year, the index is up 28%. Rather than track natural gas down, the sector has hitched a ride on crude oil's recovery.

 

Source: Wall Street Journal

 

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Valve Magazine Digital Edition

15 WNT CVR 160x214Inside the Winter 2015 issue…

• Your Control Systems Are at Risk!
• Building a Better Workforce
• Focus on the Offshore Market
• Forgings: Quality with a Cost

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