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NO LIFE LINE IN SIGHT FOR NORTH AMERICAN NATURAL GAS PRICES

No Life Line in Sight for North American Natural Gas Prices

Study Released February 15, 2011

Natural Gas Report - January 2011

The recent US economic downturn, which lasted 18 months, officially came to an end in June 2009. Since then, natural gas consumption in the four traditional demand sectors (residential, commercial, industrial, and electric power) has returned to prerecession levels, with the electric power sector leading the way. However, this has had little impact on the price of natural gas in North America. The natural gas price at Henry Hub remains more than 50 percent below the average price in 2008, and is not expected to increase above the US$5/MCF level for quite some time..... Download full report.

January 2011