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General Interest—Quick TakesUS gas price forecast at $5.25-6/MMbtuLukens Energy Group, Houston, forecasts that natural gas prices at Henry Hub will average $5.25-6/MMbtu for 2005 based upon the consultant's expectations for fuel oil prices.No. 6 fuel oil (resid) prices have set a floor for gas prices since December 2002. Currently, No. 2 distillate is setting a ceiling for gas prices, said Lukens analysts. They calculated a 2005 gas price based upon oil price expectations and natural gas supply and demand.Lukens Vice-Pres. Glen Sweetnam has forecast that US and Canadian gas production will grow by 1-2% in 2005. The increase will stem from recovery of production in the Gulf of Me...

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