SOURCE: Industrial Info Resources
August 12, 2014 06:30 ET
DENVER, CO--(Marketwired - Aug 12, 2014) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- U.S. natural gas production is expected to continue surging, but demand is not projected to rise as rapidly, speakers told the 26th Annual Rocky Mountain Energy Summit, sponsored by the Colorado Oil & Gas Association (COGA) (Denver, Colorado), in Denver. The implication? Years of oversupply that will keep average gas prices below $5 per million British thermal units (MMBtu).
Within this article: Information by Enterprise Products Partners LP (NYSE:EPD), RBN Energy LLC and BP plc (NYSE:BP) on U.S. natural gas supply and demand scenarios.
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