U.S. natural gas prices for 2013 will be lower than predicted in late October because winter weather so far has been missing in action, Raymond James & Associates’ energy team said this week. Analysts with Goldman Sachs also have reduced their price forecast but said they remain bullish on the market.
Averse
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Deloitte: E&Ps Willing to Assist in Transition Toward Renewables
U.S. producers are planning to direct more capital spending to drill on the Outer Continental Shelf (OCS) and in onshore natural gas basins, but they are not averse to investing in alternative energy to help the country transition away from fossil fuels, according to Deloitte LLP’s annual oil and natural gas industry survey.
December 15, 2008
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