New Directions for North American Energy Infrastructure
On
Thursday, May 17th the Financial Times reported that Royal Dutch Shell
CEO Peter Voser has said he expects US natural gas prices to double by
2015, but remain under pressure in the short term. Voser made these
comments based on the fact that he sees more and more transportation
options stemming from NatGas. The recent low in the price of NatGas of
$1.90 on April 20th is probably the lowest price of the year, due to
production shut-ins triggered after the closes below $2 from the 17th to
the 20th of April.Voser is correct in his assumption that…Read more...
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