Decoupled Drilling

With crude oil prices near 3-year highs, US shale producers are drilling more and turning profits. But high oil prices are hurting natural gas prices. While global demand for natural gas is projected to rise for many reasons, supply should keep up as shale oil producers unlock vast amounts of natural gas as a byproduct of shale oil production, hurting gas drillers in the (Appalachian) Marcellus but helping households everywhere.