IHS: Natural Gas Prices Will Fall Below $2/MMBtu in 2020
Credit to Author: Sonal Patel| Date: Thu, 12 Sep 2019 14:38:18 +0000
The post IHS: Natural Gas Prices Will Fall Below $2/MMBtu in 2020 appeared first on POWER Magazine.
Average natural gas prices at Henry Hub in 2020 could fall to below $2/MMBtu —a level “not seen in decades”—owing to a persistent oversupply, a new report from information and analytics firm IHS Markit suggests. Prices could fall despite strong demand for natural gas, both domestically, including for power generation, as well as for exports. […]
The post IHS: Natural Gas Prices Will Fall Below $2/MMBtu in 2020 appeared first on POWER Magazine.
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