Goldman Cuts U.S. NatGas Price Forecast Again

摘要

Goldman Sachs analysts on Wednesday reduced their outlook for domestic nat- ural gas prices for the second time since late July, as output is proving to be much stronger than anticipated and is seen eclipsing demand growth by a wide margin. In late July analysts Damien Cour- valin and Raquel Ohana said they expected 4Q2015 prices to average $2.70/MMBtu (see Daily GPI, July 27). But prices aren’t holding up.