RBC: Natural Gas Prices to See Modest, But Solid Gains in 2010

摘要

The natural gas outlook just released by RBC Capital Markets' energy analysts is bullish, though mutedly so. Nymex natural gas prices are forecast to average $6 and $6.50/MMB-tu in 2010 and 2011, respectively, which isn't much above today's $5.50 to $6 range. But the steady increase would be built on a strong foundation not likely to be derailed.