CASPER, Wyo. (AP) — Production from Wyoming’s natural gas fields fell in 2015 for the sixth consecutive year, while natural gas in the U.S. has been on the rise.
The Casper Star-Tribune reports (http://bit.ly/1Z8wGZ3 ) that production slumped 14 percent in 2015. According to the preliminary figures from the Oil and Gas Conservation Commission production levels fell to the smallest annual haul since 2001.
U.S. output continued to rise, with the Energy Information Administration reporting a 6.3 percent increase over 2014.
According to the Energy Information Administration, natural gas prices averaged $2.61 per million British Thermal Units in 2015, the lowest level since 1999.
Information from: Casper (Wyo.) Star-Tribune, http://www.trib.com
This article was from The Associated Press and was legally licensed through the NewsCred publisher network.