Surge in U.S. Natural Gas Production to Keep Prices Low, an Industrial Info
DENVER, CO -- (Marketwired) -- 04/19/13 -- Written by John Egan for
Industrial Info Resources (Sugar Land, Texas) -- U.S. natural gas
producers have become victims of their own success, as dramatic
production gains from new techniques and operating efficiencies have
swelled annual gas production. Increased demand from industrial
facilities has been unable to soak up all the additional supply,
keeping prices relatively weak, speakers told an Oil & Gas industry
conference this week in Denver. And a bad situation threatens to get
worse in the coming years, as continued expansions of production will
keep gas prices low. But experts predict gas prices should climb
again by mid-2017.
Other companies featured: Cheniere Energy Incorporated (NYSE:LNG).
For details, view the entire article by subscribing to Industrial
Info's Premium Industry News at
or browse other breaking industrial news stories at
Industrial Info Resources (IIR), with global headquarters in Sugar
Land, Texas, and eight offices outside of North America, is the
leading provider of global market intelligence specializing in the
industrial process, heavy manufacturing and energy markets.
Industrial Info's quality-assurance philosophy, the Living Forward
Reporting Principle(TM), provides up-to-the-minute intelligence on
what's happening now, while constantly keeping track of future
opportunities. To contact an office in your area, visit the
www.industrialinfo.com "Contact Us" page.
Press spacebar to pause and continue. Press esc to stop.