Plunging US Gas Output Lifts Winter Price Floor

摘要

Colder weather and a sharp drop in natural gas production will more than offset pandemic-related demand loss, putting upward pressure on US gas prices this winter, a Washington-based trade group said Thursday. While the Natural Gas Supply Association (NGSA) does not issue price forecasts, it said the combination of supply and demand factors will mean average prices well above last winter’s historically low $2.08 per million Btu.