How Much More Does the Marsalis Have?

If we have a normal winter or if we have a colder than normal winter, then you could potentially have that moment of convergence as near as the fourth quarter in December of this year. The last 10 years, the feeling is that these shales can go on forever because the size of them was so big that it almost was like they could. They do succumb to depletion like anything else. I think we run the risk that perhaps we're getting close to that point now. That's when we said, "Oh my goodness, this could actually be a situation that happens" If prices just stay where they are today, the case for gas producers is astronomical from a net present value perspective.

Transcript

Play full episode

Transcript

Episode notes

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app