Industry officials refuse to forecast gas prices, cite vast uncertainty

摘要

Two gas industry executives Wednesday refused to predict where gas prices are headed, citing vast uncertainty about the impact of drilling cuts, the growth of the liquefied natural gas market and the pace of economic recovery.rn"Take any price forecast with a grain of salt," BP Manager of Fundamental Analysis Dawn Constantin said during an LDC Forum panel discussion in Chicago. "Our track record for forecasting isn't very good."rnConstantin did offer a prediction that the drastic cuts in North America's rig counts could tighten the domestic supply situation next year as production falls. Then she threw a wrench into that observation by noting that global LNG supplies are still growing in a down economy and that more LNG may be headed to the US.