Most industry analysts foresee an upcoming tight natural gas market for North America. The wholesale price of natural gas has doubled since April and tripled since last summer. Market p..
Most industry analysts foresee an upcoming tight
natural gas market for North America. The wholesale price of
natural gas has doubled since April and tripled since last
summer.
Market pricing. According to researchers
with Raymond James & Associates (St. Petersburg,
Florida), "with natural gas prices in excess of $4/MMBtu, it
is apparent that the North American market is currently under
supplied. While the market is sensing a developing problem,
current gas prices still do not reflect the severity of the
potential shortfall that could emerge over the next 12
months."
Average U.S. gas storage levels are expected to
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