For those awaiting a better natural gas market, a scriptural reference may be the order of the day— namely, that "endurance produces character, and character produces hope." And for those with the character to have charted a course in natural gas, hope does endure that brighter days lie ahead, even though the exact timing of a gas-price recovery remains elusive. Encouragingly, analysts increasingly point to structural factors boosting natural gas demand as they lay out timelines for a likely gas recovery. These include rising exports of natural gas to Mexico; gas-fired power generation replacing coal power retirements; and expanding gas demand from the industrial renaissance sweeping the U.S., prompting such projects as ethane crackers and ammonia plants.
展开▼
