While clinging to hope that a cold winter, economic recovery and drilling slumps will sop up the North American natural gas glut, Canadian suppliers remain braced for the long spell of lean prices to stretch well into 2010.
Clinging
Articles from Clinging
Prices Weigh on Canadian Producers, Provinces
While clinging to hope that a cold winter, economic recovery and drilling slumps will sop up the North American natural gas glut, Canadian suppliers remain braced for the long spell of lean prices to stretch well into 2010.
December 4, 2009
S&P Sees Gas Prices Moving On Up in 2003; Revises Forecast
Natural gas and oil producers are resting at ease as natural gas prices are poised to end 2002 near $5.00/MMBtu and oil prices are clinging to $26/bbl, noted a new report by Standard & Poor’s Ratings Services (S&P). The rating agency raised its gas price forecast last week to $2.75-3.00 (Nymex equivalent), which may appear conservative compared to other forecasts in the $3.60s or higher (EIA) and Nymex highs last week in the $5.30s.
December 23, 2002
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