News

At What Natural Gas Price? Midcontinent Energy Execs Peg $3.80 as Necessary for Profitability

Natural Gas Intelligence · last updated

Natural gas prices are nearly where they need to be for energy activity to be profitable in the midsection of the country, but to substantially increase, prices will need to move much higher, according to a survey by the Federal Reserve Bank of Kansas City.

Graph showing various Henry Hub natural gas prices necessary for drilling according to Tenth Federal Reserve District executives.

The Kansas City Fed, as it is known, each quarter surveys energy firms with offices or headquarters in the Tenth District. The survey requests information about price assumptions, drilling activity, capital spending and employment to gauge current and future conditions.

The Tenth District comprises Colorado, Kansas, Nebraska, Oklahoma and Wyoming, as well as the western third of Missouri and the northern half of New Mexico. The Eleventh District, aka the Dallas Fed, issued its first quarter energy survey in late March.

View full article

here today, more tomorrow

We’ve launched briefing.center with a focus on the press and media.

And we’ve added Citizen Cartwright, a daily quick-read news summary by veteran Washington journalist Linda Cartwright. We’ve also created a new voting rights knowledge center for Citizen Cartwright subscribers. (You can sign up for a dedicated morning email at citizencartwright.com.)

You can sign up here for full access to press and media and Citizen Cartwright on briefing.center.

You can use briefing.center as the center of your information management, or just one of your tools. We’re happy to discuss your information needs.

Sign up