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Commodities Briefing - Categorized | Energy, Oil more

Mixed gas outlook

Posted on 29 December 2008

From Commodities-now.com: Power generation is likely to be the only driver for increased natural gas demand this winter as warmer weather and a sluggish economy dampen retail and industry demand, the Natural Gas Supply Association forecast in its annual winter outlook for 2008-2009.

“Gas-fired generation is an area where gas demand is expected to increase as a result of gas generating capturing most of the new power generation capacity,” says Patrick Kuntz, vice president at Marathon Oil and current NGSA chairman, at a presentation of the forecast in Washington in October….. Full Article: Source


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