COVID-19 Causes Global Drop in Natural Gas and Oil Demand and Production

Energy Central picks up a quote from NUS regarding natural gas and oil demand.

Calling into question the EIA’s findings, the president of NUS Consulting Group, Richard Soultanian, said in an interview that,

“COVID-19 is causing oil prices to rapidly decline, which most likely will result in lower 2020 U.S. crude oil production than initially forecast — thereby curtailing some of the production of associated natural gas.”

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