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re: Natural gas producers in TX paying people to take supply as prices sink deeper negative

Posted on 5/1/24 at 6:10 am to
Posted by sneakytiger
Member since Oct 2007
2480 posts
Posted on 5/1/24 at 6:10 am to
And they say NG is hard to process and transport!
Posted by CitizenK
BR
Member since Aug 2019
9859 posts
Posted on 5/1/24 at 10:18 am to
There are oil wells with associated gas where it is too expensive to lay a pipeline to. Thus, it must burned in some manner to pump the oil. It's basically free to the buyer.
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