EIA annual outlook sees higher natural gas prices

12/22/2003
The US government's latest long-term energy forecast released Dec. 16 found that over the next 2 decades, US natural gas demand will be lower and prices higher than previously thought. LNG imports also will have a much larger market presence in coming years; the new LNG import figures are twice as large as last year's estimate.The US Energy Information Administration's Annual Energy Outlook 2004 (AEO 2004) projects prices and other market trends through 2025. EIA said the full report, including projections with differing assumptions on the price of oil, the rate of economic growth, and the characteristics of new technologies, will be released in January 2004, along with region...
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