Platts Predicts Less NatGas Production, Higher Gas Prices Soon
The experts at S&P Global Platts have hauled out the old crystal ball--the one that looks at natural gas prices in the near-term (next couple of weeks to a month), and they foresee a rise in prices coming very soon. According to Platts, a drop in U.S. natgas production combined with colder weather that forces the use of natgas for heating which leads to tighter supplies means the price of natural gas will rise. How much and when?
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