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People & Business :: Energy and Feedstocks
Gas Supplies Could Impact Feedstock Outlook
11:05 AM MST | January 23, 2009 | GREGORY DL MORRIS
The supply of natural gas is expected to be ample in both the near and long term, according to analysts and producers at the Annual Unconventional Gas Conference, sponsored by BMO Capital Markets (Toronto), held in New York earlier this month. With supplies more than adequate, buyers of natural gas can anticipate moderate prices and ready volumes in the upcoming year, market watchers say. “The outlook for the North American natural gas market is being dramatically transformed by shale gas plays,” BMO says. Until recently, “the prevailing belief...
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