Appalachian Natural Gas Output Growth Said Threatened by Long-term ‘Uncertainties’

Higher natural gas prices were a positive for natural gas producers in the Appalachian Basin in 2021, but ongoing “uncertainties” threaten the industry’s long-term growth prospects.

“These include a number of challenges at the federal level being pushed by the Biden administration and some members of Congress, such as a punitive methane tax, and statewide issues such as Gov. Tom Wolf’s continued efforts to join the Regional Greenhouse Gas Initiative and a pair of rulemaking petitions by activist groups seeking to greatly increase the cost of well bonding,” President Daniel J. Weaver of the Pennsylvania Independent Oil and Gas Association (PIOGA) told NGI.

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