Analyst Sees Power Price Surge With Gas Rally

摘要

Natural gas futures at $2 per million Btu is a temporary phenomenon, with an abrupt shift higher on the horizon as an over-supplied market moves into deficit, analyst Andy Weissman said in a webinar last week on The Coming Surge in Natural Gas and Electricity Prices. Weissman, chief executive of EBW AnalyticsGroup, believes the natural gas market is likely to become far more volatile, not just in the next 12 months, but on a quasi-permanent basis, and this will carry over to electricity markets.