US Gas Juggernaut Set to Apply Brakes

摘要

Low oil and gas prices may finally be slowing the US shale gas juggernaut that is helping drive a fledgling LNG export business on the US East, West and Gulf coasts, and a petrochemicals revival. As the shale industry, dominated by US independent exploration and production companies, adjusts to the lower prices by slashing capital spending, laying down rigs and reducing headcounts, signs are emerging that gas production growth will start slowing in the next 12-18 months.