Analysts: Bullish Indicators for U.S. Gas Market

Posted on Jun 18, 2007 in Markets and Competition, Regas Terminals & Capacity, Storage | Comments Off

Platts LNG Daily reports that market analysts are predicting a bullish U.S. gas market for this summer. Citing the indicators released in the EIA’s short-term energy outlook last week as well as NOAA’s prediction of an active hurricane season, several gas market analysts said they expect gas prices to remain relatively high this summer. However, the Canadian National Energy Board has said that robust storage inventories may serve to moderate prices in North America.

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Analysts: Bullish Indicators for U.S. Gas Market

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