Growth prospects for Appalachian operators remain limited as the natural gas outlook continues to dim on a variety of factors, according to a panel of analysts from Bank of America Merrill Lynch (BofAML), which recently shared its forecast at the LDC Gas Forums Northeast in Boston.
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Tide Rolling Out on LNG Price Support, BofA Merrill Lynch Says
The tide of factors that lifted prices for spot liquefied natural gas (LNG) last year is rolling out, and analysts at Bank of America Merrill Lynch (BofAML) say they are “bearish” on LNG prices relative to crude oil.
January 6, 2017