BNEF Brief: America's domination in oil and gas

BNEF Brief: America's domination in oil and gas

Assessment

Interactive Video

Business, Architecture, Engineering

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the US's dominance in oil and gas output, surpassing Russia and Saudi Arabia. It explores the challenges of low natural gas prices and the profitability of gas production in the US. The cost of producing gas in major areas like the Permian is analyzed, highlighting the willingness to sell gas at negative prices due to flaring limitations. Strategies employed by producers to cope with low prices include hedging, utilizing inventories, and leveraging new pipelines to bring cheap gas to market.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of hedging for gas producers?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

How do new pipelines impact the market for Permian gas?

Evaluate responses using AI:

OFF