North American Gas Market Will Be Reshaped By 2020 in Varied Ways

摘要

CIBC analyst Katherine Spector opens Redrawing North America's Gas Map by statingup front, "We're not going to sugarcoat it: This is a bearish report." And that could be an understatement. Her look at how the North American market is set to evolve to 2020, concludes that benchmark gas prices through the end of the decade will find it tough breaking $5 per million Btu on any sustained basis due to surging production in the Marcellus/Utica and US Gulf Coast regions and the build-out of infrastructure to accommodate it.