Posted on Sep 18, 2007 in
Markets and Competition,
Regas Terminals & Capacity |
Comments Off on Analysts Issue 2008 Gas Price Forecasts
Platts LNG Daily reports that a Raymond James and Associates analyst has lowered his 2008 U.S. gas price projection by $3/Mcf, while raising his projection for the fourth quarter of 2007 by $1/Mcf. The analyst based his downward revision for 2008 in part on expected above average gas storage volumes and a large increase in LNG imports through the summer of 2008. Separately, Platts also...