With production levels soaring, historical price levels may become somewhat irrelevant. Natural gas buyers should no longer rely on history. Rather, buyers must empower themselves to become fully aware of the many factors that steer natural gas prices in order to know when your next buying opportunity is upon you.
“Overall, we anticipate a weak natural gas price environment for 2010, albeit not quite as weak as the price environment of 2009,” says Valerie Wood, President of Energy Solutions, Inc. “In addition the word “weak” should not be construed to mean there will not be any price rallies. Similar to past years natural gas prices will rally on news that creates uncertainty about the future, however, price rallies are expected to be considerably lower than what was experienced historically."
While a weak price environment is anticipated, there are additional factors that still create numerous risks in the natural gas industry. Buyers need to identify them and avoid them in order to maintain the integrity of your bottom line. Buyers should not become complacent for many questions still remain. How much LNG (liquefied natural gas) will be coming into the United States? Are storage inventory levels in the future going to be as strong as they are today? Will the declining rig count lead to production declines? And, the million dollar question is when will the economy recover?
Natural Gas Price Outlook 2010 answers these important questions and helps prepare buyers for 2010 and beyond. It is an in-depth, affordable, comprehensive publication that is a must-read for anyone in the natural gas industry. Natural Gas Price Outlook 2010 publication is written by Valerie Wood, President and Owner of Energy Solutions, Inc. and an industry veteran with more than 26 years of natural gas expertise.
Natural Gas Price Outlook 2010 will provide all individuals responsible for buying natural gas the insight, knowledge, and heightened awareness for a solid strategic approach in procuring their natural gas purchases in 2010 and beyond. Secure your copy today for the Natural Gas Price Outlook 2010 today by visiting www.naturalgasoutlook.com or call (608)848-9589.