Hopes for Higher Natural Gas Prices Fade, Again

SUGAR LAND--January 23, 2019--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Natural gas prices are not expected to see any significant increase in the coming year, according to the U.S. Energy Information Administration (EIA) (Washington, D.C.). Gas prices have slid steadily over the last four weeks, occasionally falling below $3 per million British thermal units (MMBtu) before rising to a recent level of about $3.10 per MMBtu.

Within this article: Details on where natural gas prices are headed and how the Oil & Gas Industry--and the U.S. economy more broadly--will be affected.