Weekly Energy Market Update: December 28, 2015

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How is flattening production impacting the natural gas industry? 

In the Weekly Energy Market Update for December 28, 2015, Tim Bigler — Direct Energy Business Energy Advisor — discusses flattening natural gas production, recent bankruptcies and debt downgrades, and the EIA's short-term energy outlook. 

Flattening Natural Gas Production

U.S. dry natural gas production has begun to slow, which is most likely due to low natural gas prices. 

Bankruptcies and Debt Downgrades

The slowing production of natural gas is beginning to impact the industry, as evidenced by recent bankruptcies and debt downgrades. 

Short-Term Energy Outlook

According to the U.S. Energy Information Administration's most recent short-term energy outlook, coal and natural gas will continue to make up the lion's share of electricity generation in 2016 while the share of renewables — such as wind and solar — will continue to slowly grow. 

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Tim Bigler, Senior Market Strategist at Direct Energy Business, is a 30+ year veteran of the U.S. natural gas, electric, and oil market.

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