From 2006 to early 2008, the energy price was shouting up. Many small NG wells started in that period. That pushed the NG supply to its peak. Now bad economy causes weak demand. So the price is low now. To have the NG price back up, one of two things should happen:
1) small/low production wells are shut down/out of business. (it is happening)
2) the economy picks up to create more demand.
In my view, the NG price will stay low for few years. American economy is the key to the NG price.
1) small/low production wells are shut down/out of business. (it is happening)
2) the economy picks up to create more demand.
In my view, the NG price will stay low for few years. American economy is the key to the NG price.
选择“Disable on www.wenxuecity.com”
选择“don't run on pages on this domain”
