[ihc-hide-content ihc_mb_type="show" ihc_mb_who="10,13,14,16,18,19" ihc_mb_template="1"] Frac Spreads +4 to 134Growing, but at what cost?The national Frac Spread Count has grown over the last several weeks. Oil prices appear to be declining with strong possibilities of demand staying weaker-for-longer. (covid unknowns, travel declines, mass transportation still weak…)Steady as “it” goes… The Appalachian market, consisting of the Marcellus and Utica shale plays, has shown consistency for almost 6 straight months. Frac activity has been led by operators EOG, EQT, Southwestern, Antero, Chesapeake, Ascent, Seneca, EAP, CNX and Cabot. Natural Gas: Q4-2020 Natural gas markets tightened up earlier in the month as we still remain(ed) strong on the inventory front. Hurricane season was relatively light this year, but not over. While spot pricing remains over $3, operators and traders alike are banking on an increase in exports and colder weather to capitalize on their bounty. So far, so good. Get our Frac Spread Count information on oilprice.com [/ihc-hide-content]