Posted on Jan 3, 2007 in
Canada & Mexico,
E&P,
Markets and Competition |
Comments Off on Analysts Predict U.S. Natural Gas Price Increase Due to Reduced Canadian Imports
World Gas Intelligence this week reports that reduced Canadian imports are likely to drive U.S. natural gas prices higher in the coming months, despite a current demand lull due to unseasonably warm temperatures this winter. According to analysts, imports may decline because of growing Canadian demand, decreasing production, and cutbacks in exploration spending. [Subscription...