Citing Industry Reports, Analyst Cautious About Gas Prices

Posted on Sep 10, 2007 in Markets and Competition | Comments Off

Platts LNG Daily reports that Tom Driscoll, an energy analyst with Lehman Brothers, said that he has become “more bearish” on U.S. gas prices over the past week, due in part to rising LNG imports to the United States. Driscoll said, “the bad news is that supply growth is likely to outstrip demand growth.” [Subscription required] [This post was altered on September 10, 2007, after publication.]

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Citing Industry Reports, Analyst Cautious About Gas Prices

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