This segment is from Tuesday's edition of 'Digging for Value', in which sector analysts Joel South and Taylor Muckerman discuss energy & materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays & Thursdays. It can also be found on Twitter, along with our extended coverage of the energy & materials sectors @TMFEnergy.
Supply of natural gas has been raging in the United States, and the state of Pennsylvania is a big reason why. Producers like Cabot Oil & Gas (CTRA 1.17%), Range Resources (RRC 3.25%) and Ultra Petroleum (UPL) are a big reason why. Each of these companies hold tremendous acreage and natural gas reserves in Pennsylvania and plan on spending billions to ensure successful production. Analyst Taylor Muckerman provides greater clarity in the following video.
