# The drop in Oil prices helping natural gas owners?
**URL:** https://www.mineralrightsforum.com/t/the-drop-in-oil-prices-helping-natural-gas-owners/57163
**Category:** Hughes County, OK
**Created:** [April 22, 2020, 10:40pm UTC](https://www.mineralrightsforum.com/t/the-drop-in-oil-prices-helping-natural-gas-owners/57163 "2020-04-22T22:40:31Z")
**Posts on this page:** 7
**Page:** 1
### Author:  [@Fwp1031](https://www.mineralrightsforum.com/u/Fwp1031)
#### Post date: [April 22, 2020, 10:40pm UTC](https://www.mineralrightsforum.com/t/the-drop-in-oil-prices-helping-natural-gas-owners/57163/1 "2020-04-22T22:40:32Z")
Low oil prices. Equals better deals for natural gas mineral owners? Prices jumping back up.
---
### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [April 22, 2020, 10:45pm UTC](https://www.mineralrightsforum.com/t/the-drop-in-oil-prices-helping-natural-gas-owners/57163/2 "2020-04-22T22:45:37Z")
It will still depend upon supply and demand and whether the gas well owner has strong financials. If the power grid needs more gas for summer AC cooling, etc., it would help.
---
### Author:  [@LookingAtPosts](https://www.mineralrightsforum.com/u/LookingAtPosts)
#### Post date: [April 22, 2020, 11:55pm UTC](https://www.mineralrightsforum.com/t/the-drop-in-oil-prices-helping-natural-gas-owners/57163/3 "2020-04-22T23:55:00Z")
Seems like a great opportunity to buy long.
---
### Author:  [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [April 23, 2020, 12:47am UTC](https://www.mineralrightsforum.com/t/the-drop-in-oil-prices-helping-natural-gas-owners/57163/4 "2020-04-23T00:47:00Z")
Gamble much- yes! Otherwise stick with what you know!
---
### Author:  [@ForestNick](https://www.mineralrightsforum.com/u/ForestNick)
#### Post date: [April 24, 2020, 7:24pm UTC](https://www.mineralrightsforum.com/t/the-drop-in-oil-prices-helping-natural-gas-owners/57163/6 "2020-04-24T19:24:25Z")
My understanding is that there are a lot of oil wells that produce natural gas as a by-product. As a result, if the price of oil drops by a lot, then these oil wells get shut-in and all their associated gas also is no longer produced. This means that the natural-gas market sees a reduction in supply and the price of gas goes up.
---
### Author:  [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [April 24, 2020, 10:57pm UTC](https://www.mineralrightsforum.com/t/the-drop-in-oil-prices-helping-natural-gas-owners/57163/7 "2020-04-24T22:57:19Z")
Not today as we have way more gas than there is demand. Just look at gas price charts for the last 10 years. The old adage that hot summers bring higher prices doesn’t hold much water anymore.
---
### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [July 21, 2020, 10:40pm UTC](https://www.mineralrightsforum.com/t/the-drop-in-oil-prices-helping-natural-gas-owners/57163/8 "2020-07-21T22:40:32Z")
This topic was automatically closed after 90 days. New replies are no longer allowed.