Natural gas prices have plummeted to near all-time lows in the past year due to a huge oil and gas supply glut. However, according to Reuters' oil and gas analyst John Kemp, that same supply glut is masking a surge in U.S. gas demand.
U.S. power producers burned a record amount of natural gas last winter, and the U.S. Energy Information Administration predicts that 2016 will be another record year for gas consumption. Despite record consumption, however, prices and production has been ...
/www.benzinga.com/analyst-ratings/analyst-color/16/07/8223508/analyst-natural-gas-glut-is-masking-booming-u-s-demand alt=Analyst: Natural Gas Glut Is Masking Booming U.S. Demand>Full story available on Benzinga.com
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