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.”

For full article on Energy Central, visit https://energycentral.com/c/og/covid-19-causes-global-drop-natural-gas-and-oil-demand-and-production