Bull's Eyeview: $7-$8 NatGas by Year's End Without a $3 Pit Stop

摘要

At last week's Tennessee Gas Association annual meeting, one question seemed to be on the mind of many delegates: How low will gas prices get and for how long?Looking at the fundamentals, there's an obvious response. Gas prices will dive under $3/MMBtu pressured by the need to shut in more than half a billion cubic feet of gas production to avoid a worse consequence if natural gas storage fields fill prematurely in the fell.