Slow and steady gas demand could drive moderate investment

摘要

It seems as though the long slump in gas prices has gone on forever, but rising gas demand in the coming years may drive a third surge in shale investment. This is according to a recent report by Scott Gruber, senior analyst for Bernstein Research. "We are often asked, in what inning of the upstream investment cycle does the industry currently stand? Our response for the North American market is we believe the market has entered a new ball-game," he said.