JOFREE SEES CONTINUED LOW U.S. GAS PRICES

U.S. wellhead gas prices will remain low through 1996, Jofree Corp., Houston, predicts. While U.S. demand for gas has increased about 2% since 1989, Jofree says gas supply has increased about 8-9%. "That abundance will dampen gas prices for at least the next couple of years," Jofree Principal Carol Freedenthal said. "Gas markets will improve during the next 3 years but only slightly. "New transportation projects in the Rocky Mountains, new import capability, and incentive driven coalbed methane

Sep 2nd, 1991
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