The energy industry in the U.S. is in for a "wild ride," according to Zack Van Everen, senior capital markets analyst at East Daley Capital Analytics. Van Everen, speaking during a presentation at Hart Energy's America's Natural Gas Conference, cautioned the audience of changes on the horizon in the oil and gas industry, believing that gas markets will become oversupplied very soon. "East Daley forecasts a significant amount of dry gas hitting the U.S. markets from now until the end of December 2023. Around 4.6 Bcf/d is what we currently have forecast from September 22 through December 2023," Van Everen said.
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