Natural gas in line for structural shift
This week's drop in natural gas prices below the $5 US per thousand cubic foot mark has spurred a lot of chatter of whether this price level is the new normal for North America.
The answer, according to EnCana chief executive Randy Eresman, is that prices are likely to sit in the $6 range and that expecting any big price jumps is unrealistic.
Eresman was participating in a panel discussion at the annual natural gas conference hosted by the Canadian Energy Research Institute on Tuesday.
Click above link to read the full story in the Calgary Herald.
Wednesday, February 24, 2010
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