Short-Term Energy Outlook - November

Posted on November 15, 2011 by Vorys

The Energy Information Administration (EIA) has issued its Short-Term Energy Outlook for November (see here).  Among other things, it finds:  "Natural gas working inventories ended October 2011 at an estimated 3.8 trillion cubic feet (Tcf), about 1 percent below the same time last year. The projected Henry Hub natural gas spot price averages $4.09 per million British thermal units (MMBtu) in 2011, $0.30 per MMBtu lower than the 2010 average, and $4.13 per MMBtu in 2012."

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