President Trump’s ‘drill, baby, drill’ policy promises to unleash a new boom in U.S. oil and gas production with eased regulations and greater access to export markets. Yet, U.S. producers will need market forces to align with the now friendly policy to pull America’s natural gas output out of the stagnation last year as a result of multi-year low domestic prices amid record output, warmer weather, and inventories above average.
Higher demand for American gas will boost drilling activity, but it will also push…Can Trump Spark a U.S. Natural Gas Boom While Keeping Prices Low?
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