IHS: Permian surge to drive down natural gas prices

Prolific shale basin adds too much production too quickly for markets, analysts said in new report

Natural gas prices: anticipated to fall to an average price below $2 per million British thermal units in 2020, in real terms — Natural gas prices: anticipated to fall to an average price below $2 per million British thermal units in 2020, in real termsPhoto: REUTERS/SCANPIX

Julia Martinez

IHS Markit Permian Basin Americas North America

Published 12 September 2019, 17:31Updated 12 September 2019, 17:42