News / Business
Energy Solutions, Inc. Releases Natural Gas Price Analysis
2011 natural gas prices could start out like 2010 and then surprise many by mid-year
Energy Solutions, Inc. is pleased to announce the release of Natural Gas Price Outlook 2011 on November 15, 2010. This 40-page analysis takes an in-depth look at natural gas price drivers and anticipated price trends for both 2011 and 2012.
For much of 2010, producers drilling in shale regions have had virtually no price sensitivity to falling natural gas prices. Foreign investment and "use it or lose it" lease clauses may have been some of the drivers behind shale production growth. "In addition, in 2009, natural gas producers had the opportunity to hedge their 2010 gas production as price levels that were $1.20 per MMBtu higher than what they can do today for 2011 production," says Valerie Wood, President of Energy Solutions, Inc. "Several producers have already indicated their reluctance to hedge their sale price at current price levels. This means their sensitivity to lower price levels in 2011 could be substantially different than it was in 2010 and drilling cutbacks could become more prevalent in 2011,” says Wood.
Natural Gas Price Outlook 2011 takes an in-depth look at the current supply and demand balance and identifies how it may change, potentially when it will change, and what impacts a change will have on natural gas prices. In addition, this analysis answers questions about the future of liquefied natural gas imports, Canadian imports, pipeline infrastructure, storage inventory levels, crude oil price correlations, and much more.
Act today! Reserve your copy for just $129 by November 20, 2010 and save $120. Learn more by visiting www.NaturalGasOutlook.com.
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About Energy Solutions, Inc.
Formed in 1996, Energy Solutions, Inc. is independently owned. With more than 50 years of experience in the natural gas industry, our team focuses on natural gas prices and in helping businesses improve their internal processes for the purchase of natural gas.
