US natural gas prices are not likely to see a lot of movement one way or the other over the next few years, but large-scale LNG exports could cause significant volatility in the future, a trading executive said May 17

摘要

US natural gas prices are not likely to see a lot of movementnone way or the other over the next few years, but large-scalenLNG exports could cause significant volatility in the future, antrading executive said May 17. “As prices rally, there are somenreal headwinds prices will have to fight through,” said BRISONnBICKERTON, managing director at Freepoint Commodities, anConnecticut-based physical commodity trading and marketingncompany. Those include the likelihood that NYMEX gasnprices’ hitting $2.75/MMBtu would curtail Powder River Basinncoal-to-gas switching, and gas’ reaching $3.25/MMBtu wouldnstop Appalachian coal-to-gas switching, Bickerton said at BenteknEnergy’s Benposium conference in Houston.