eIA cuts fourth-quarter price forecast by 7%, predicts flat gas consumption next year

摘要

The Energy Information Administration on Wednesday ndropped its Henry Hub spot gas price forecast for the fourthnquarter by 33 cents, or 7%, to $4.56/Mcf.nIn its September short-term energy outlook, EIA also nlowered its third-quarter price forecast by 29 cents, or aboutn6%, to $4.41/Mcf and its full-year 2010 forecast 15 cents, ornabout 3%, to $4.68/Mcf. n“Uncertainty over future natural gas prices is lower this nyear compared with last year at this time,” the agency said. nEIA expects total gas consumption to rise 4% from 2009 nlevels to 65 Bcf/d in 2010 and then remain relatively flat in n2011.