So far, 2019 continues to be challenging for E&Ps and investor sentiment. Oil prices have tumbled, natural gas and NGL prices are beyond terrible, and stock prices are taking a huge hit.
Oil and Gas Investor
It seems it is difficult to get away from energy controversies even while driving through the White Mountain National Forest in northern New Hampshire.
We were on our way to see the home of revered New England poet Robert Frost when we drove through a small, scenic village. There, we spied a public building whose sign on the front lawn read, “Northern Pass is dead! Yay!”
Northern Pass, a project of utility Eversource, was to be a 192-mile transmission line that would move electric power from Hydro-Quebec through New Hampshire to the New England grid.