S&P ratings downgraded six U.S. shale gas companies that might find it difficult to refinance billions in debt on the back of chronically low gas prices and overinvestment, S&P Global Platts reports . The companies include EQT, Range Resources, Antero Resources, Ascent Resources Utica Holdings, CNX Resources, and Gulfport Energy. In addition to the rating downgrades, S&P Ratings also revised the outlook for these six gas producers along with another three—Comstock Resources, Southwestern Energy, and Chesapeake Energy—to negative. A mild winter in parts of the United States has combined with an already heavy oversupply to pressure prices below $2 per million British thermal units, and the pain could continue as LNG prices stay low, too, again on oversupply, this time an international one. Some, however, are optimistic. Two industry executives this week argues that the low gas prices in the United States could actually be beneficial for more LNG […]