Credit Suisse Eyes Inventories, Raises U.S. NatGas Price Forecast

摘要

All things being equal, i.e., “normal” summer temperatures, domestic natural gas producers need more price incentives to generate enough storage ahead of next winter, the head of global commodity energy research for Credit Suisse said Wednesday. Hotter than normal temps, even with demand destruction, could push prices well above $5.00. Summer gas prices have to stay high to refill storage ahead of withdrawal season, Jan Stuart said during a conference call.