EIA Short-Term Energy Outlook

Posted on April 12, 2010 by Vorys

The Energy Information Administration (EIA) has released its Short-Term Energy and Summer Fuels Outlook for April 2010.  Among other things, EIA expects:

[T]he Henry Hub natural gas spot price to average $4.44 per million Btu (MMBtu) this year, a $0.49-per-MMBtu increase over the 2009 average, but a significant downward revision from the $5.17 per MMBtu projected in last month's Outlook. The price outlook is lower primarily because of an average 2 billion cubic feet per day (Bcf/d) upward revision to the 2010 domestic natural gas production forecast.

For more, see here.

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