Will $5/MMbtu gas price hold in 2003?

Is 2003 going to be a year of $5/MMbtu natural gas in the US?The latest developments in oil and natural gas markets seem to be pointing that way, and a number of analysts have already ratcheted up their forecasts for gas prices accordingly. At least one flatly predicts the $5/MMbtu threshold will be sustained as an average price this year.Supply factorsWell-documented in this space has been the ongoing story about declining wellhead deliverability in the US. There is no disputing the doldrums of 2002: US output of natural gas was at best flat last year vs. 2001. A number of analysts have projected a year-on-year decline in US gas production this year. Raymond James & Associates' Marsh...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected