HEROLD FIRM FORESEES $3.15/MCF AS 1995 U.S. WELLHEAD GAS PRICE

U.S. wellhead gas prices will recover to an average $3.15/Mcf in 1995 from a 12 year low of $1.60/Mcf this year, predicts John S. Herold Inc., Greenwich, Conn. Increasing demand will cause U.S. gas prices to begin firming in 1992, with more meaningful escalation in 1993-95. Demand on U.S. markets will be sparked by: Gas fired cogeneration and cofiring projects. Gas as a cheap alternative to other fuels and as a cleaner burning alternative to less environmentally sound fuels. Consumption

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