Systematically

Analyst Smith Sees 4-5% Increased Power Demand for Gas, Raises Price Forecast

“Systematically stronger gas demand,” sparked by a 4-5% increase over the same time last year in base (non-weather-related) power demand, should offset this year’s greater end-of-winter storage stocks, and keep mid-summer gas prices above $5, according to analyst Stephen Smith.

April 6, 2004