Bentek:Rockies gas prices could fall later this year

摘要

Natural gas flowing from the Rockies could soon suffer from a price decline due to oversupply.That's the conclusion that was reached in a recent study by consulting firm Bentek Energy LLC.A price drop of as much as 50% for Rocky Mountain gas may be looming at the end of 2005.Prices could sink to as low as US3 per million Btu,the Golden,Colorado-based firm reports.