U.S. Natural Gas Production Expected to Outstrip Demand Growth, an Industrial
Info News Alert
DENVER, CO -- (Marketwired) -- 08/12/14 -- Written by John Egan for
Industrial Info Resources (Sugar Land, Texas) -- U.S. natural gas
production is expected to continue surging, but demand is not
projected to rise as rapidly, speakers told the 26th Annual Rocky
Mountain Energy Summit, sponsored by the Colorado Oil & Gas
Association (COGA) (Denver, Colorado), in Denver. The implication?
Years of oversupply that will keep average gas prices below $5 per
million British thermal units (MMBtu).
Within this article: Information by Enterprise Products Partners LP
(NYSE:EPD), RBN Energy LLC and BP plc (NYSE:BP) on U.S. natural gas
supply and demand scenarios.
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