It's the Utica...
Last week I wrote that an aggressive presidential political platform built around shale could energizer a campaign and lead to success in November 2016. For those of us in the Appalachian region, this is especially significant as the Utica play is now leading the way amongst all the shale plays. Here are a few links to corroborate that statement:
1) A recent article in the Pittsburgh Post-Gazette discusses the strength of the Utica even with low oil and gas prices.
2) The Star-Telegram recently wrote how a Texas shale play is suffering from the low oil prices.
4) McDonald Hopkins recently hosted its 11th Energy Forum with Mike Moore, the CEO from Gulfport Energy, Jay Salitza, the Managing Director of Oil & Gas Investment Banking for Keybank Capital Markets, and Neal Dingmann, Managing Director of Energy Research for SunTrust Robinson Himphrey. One of the overarching themes was the strength of the Utica and how it was developing into the low cost producer in the U.S. In this region of the country, not only do we reap the general benefit of economical energy, we also have the direct positive impact of the shale supply chain. You can watch a replay of the event here.