dcsimg Production, Storage to Challenge 2012 Price Floor


Production, Storage to Challenge 2012 Price Floor


 

BENTEK expects gas prices to drop to $1 handles in 2012, including periods early in the year and again in the fall.

Mild weather across much of U.S. in late 2011 left record-high U.S. natural gas inventories in storage at a time when production levels continue to soar. In addition, storage withdrawals are at historical lows, leaving a growing inventory surplus. These fundamentals will have lasting implications for U.S. natural gas prices. BENTEK expects gas prices to drop into $1 handles in 2012, including periods early in the year and again in the fall.

Extreme seasonal temperatures of the past two years have helped absorb massive U.S. production growth, but the potential for comparatively mild temperatures in 2012 poses a high risk for prices to face intense downward pressure. As a result, weather and a fast demand response to low prices will be key drivers for 2012 natural gas inventory and price levels.

BENTEK’s Market Alert Production, Storage to Challenge 2012 Price Floor provides an overview of natural gas fundamentals analysis for 2012, including how record-high storage inventories and strong production will effect prices.


Production, Storage to Challenge 2012 Price Floor

Help

Product Information Help

To request information about a product, click the more info button, then complete the required information. One of our sales associates will contact you shortly.
Close


Request information about Production, Storage to Challenge 2012 Price Floor.

More Info

Request Information About Production, Storage to Challenge 2012 Price Floor

Close