Analyst and author Tom Petrie discusses recovery in the Rockies, and why he believes the real interesting future for the U.S. is in natural gas.
“We’re seeing a recovery. It’s not an all-out recovery, like we’re seeing in the Permian, but it’s a good solid one,” said Tom Petrie, chairman, Petrie Partners, when discussing the state of the oil and gas industry in the Rockies with Hart Energy’s Jessica Morales.
Petrie also talked about the effect of policy changes on the industry, particularly the landlocked Rockies. He notes the opportunity the opening up of U.S. oil exports presents to producers in the Bakken and Niobrara.
He also discusses why natural gas is “the real interesting story.”
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