Have U.S. gas prices finally touched bottom? While international trade in natural gas continues to grow (see story, p. 21), the U.S. gas industry continues to languish. Low gas prices and flat-demand are squeezing producers and pipelines alike. Nymex gas futures hit a record low of $1.118/Mcf at closing June 24, down more than 20 on the month and more than 40 from a year ago. Nymex gas rebounded slightly the next 2 days, settling at $1.142 June 26. Natural gas is often referred to as "the

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive


More in New Plants