Exterran Holdings Is Facing Huge Headwinds

By Joe Springer:The biggest one-day gain in natural gas futures in years sent the energy sector for a ride on Thursday, as it appears gas is being consumed faster than was previously forecast.

By Devon Shire: Oil production in the United States came into 2012 at 5.8 million barrels per day and is now (unbelievably) at 7.15 million barrels per day.There have been really only two unconventional oil fields that have driven this increase.The Bakken in North Dakota:And then the Eagle Ford in Texas:

Kurt Wulff (McDep Associates) submits: A shortage of hydraulic fracturing services may be contributing to reduced natural gas drilling and thereby helping natural gas price to recover from a depressed level. Demand for high-pressure pumping equipment and skilled workers increases with the shift to horizontal from vertical drilling.

By David White:There is a current boom in both oil shale and natural gas fields. New technology has only recently made recovery of the oil and natural gas in these fields possible. Only in the last 2-4 years has much work been done on many of these fields. Yet many are prolific fields. For instance, some have estimated that there may be as much as 300 billion barrels of oil in the Bakken field. The estimates for how much is recoverable at this time range from 3.5 billion barrels of oil (according to the U.S.

As cold weather moves in and grips the Northeast, natural gas investors are increasingly boosting exposure to producers benefiting from the winter season storage drawdown. Despite overall U.S. natural gas in storage remaining 1.7% above the 5-year average, national storage remains within the 5-year range, with east coast storage running 5.7% below normal and west coast storage in line at 0.3% above average.

Filed under: Investing

By greg group: Natural gas prices hit their lowest price levels since 2002 during the current decline. The obvious rationale for lower natural gas prices is an oversupply in the U.S. As supply exceeds demand for natural gas, prices are pushed lower as the market swings in favor of gas buyers. There will be a time when production will get reduced to the demand level that will improve the market prices for natural gas. The uncertainty is the timing of the supply-demand correction.