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Premium News Article IIR Chart - U.S. Plant Closures Since January 2008

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Low Energy Prices Forecast to Continue, Holding Down New Investments

SUGAR LAND--June 30, 2009--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--U.S. energy prices will remain at their current soft levels, which will likely postpone and discourage investment in utility infrastructure and coal and gas development, a group of energy experts recently predicted. "Natural gas prices will remain low because industrial demand has been soft and storage rates have been high," said Neil Gamson, an economist with the Energy Information Administration (EIA), the data and statistical arm of the U.S. Department of Energy.

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Industry Segment: Power
Word Count: 715 Words
Attachment: IIR Chart - U.S. Plant Closures Since January 2008

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