Based on projections of flat natural gas demand, record production and unseasonably warm weather, natural gas prices this winter are expected to be flat compared with a year ago, when Henry Hub prices averaged $3.47/MMBtu, according to the Natural Gas Supply Association’s (NGSA) 13th Annual Winter Outlook.
Outlook
Articles from Outlook
Global E&P Outlook Said Positive, Oilfield Services Mixed
The outlook for global independents is looking good, particularly for oil-focused operators, but headwinds still persist for the smaller sector of North America’s oilfield services providers, where a plethora of providers is chasing limited new demand, according to Moody’s Investors Service.
Slightly Higher Natural Gas Prices Forecast
Wells Fargo Securities analysts last week increased their outlook for natural gas prices to reflect 2Q2013 average pricing. They also expect to see “slightly increasing” gas output as badly needed infrastructure in the Marcellus, Utica and Eagle Ford shales comes online.
Monterey Shale Offers Oil, ‘Real Dollars,’ Says Consultant
The Monterey Shale’s oil reserves could offer California a way out of any economic shortfall, according to Navigant Consulting’s energy director.
Onshore Infrastructure Boom Just Beginning, Says Raymond James
The uptrend in North America’s unconventional natural gas and oil supplies and global demand dynamics suggests that the outlook for pipeline and storage infrastructure development may not only be bullish but also long-term, according to analysts with Raymond James & Associates Inc.
Onshore Infrastructure Boom Just Beginning, Says Raymond James
The uptrend in North America’s unconventional natural gas and oil supplies and global demand dynamics suggests that the outlook for pipeline and storage infrastructure development may not only be bullish but also long-term, according to analysts with Raymond James & Associates Inc.
Raymond James: Shale-Driven Infrastructure Boom Has Staying Power
The continued uptrend in North America’s unconventional natural gas and oil supplies and global demand dynamics suggest that the outlook for pipeline and storage infrastructure development may not only be bullish but also long-term, according to analysts with Raymond James & Associates Inc.
DOE Lets Out A Little More of the Shale Gale
The U.S. Department of Energy (DOE) apparently has come to the conclusion that U.S. shale gas is too good a thing to not share with the rest of the world in larger quantities.
Halliburton CEO: Outlook for U.S. NatGas Drilling Unchanged
Even with the uptick in U.S. natural gas prices, the outlook for North American gas activity this year “has not materially changed,” according to Halliburton Co. CEO Dave Lesar.
EIA: March Cold, Sluggish Production Bump Price Forecast Higher
The Energy Information Administration (EIA) joined a growing list of analysts raising 2013 natural gas price forecasts, saying in a Short-Term Energy Outlook (STEO) released Tuesday that it expects spot prices, which averaged $2.75/MMBtu at the Henry Hub last year, to climb to an average of $3.52 this year and $3.60 in 2014.