Relief In Sight For North American Natural Gas

摘要

As North Americans experience their most expensive winter on record in terms of energy consumption, many industry observers and participants - as well as consumers-have concluded that higher natural gas prices are here to stay. Many believe high natural gas prices are no longer spurring a supply response, and that the price of natural gas at the Henry Hub-the U.S. benchmark-will never again fall below $5 per million British thermal units (MMBtu). In contrast, Cambridge Energy Research Associates (CERA) expects prices to gradually ease over the coming years, and eventually return to sub-$5 levels.