GREY:PTGBF - Post by User
Post by
24~Karaton Feb 18, 2007 1:45pm
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Post# 12259237
NatGas Supplies are Tight
NatGas Supplies are Tight
From the attached:
“US natural gas supplies are, and will remain constrained by resource factors. We also have an energy price factor. Through 2005 and 2006, because of the relatively high price of heating oil and very low price of natural gas, large numbers of US consumers switched away from oil to natural gas. This in turn set a higher floor to any climate change-related falls of natural gas demand in January 2007.Natural gas prices, despite speculative attack, were much more resilient than oil prices in the January ‘energy price crash’.”
https://www.petroleumworld.com/SunOPF07021801.htm