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GAS PRICES TO CLIMB THROUGH 2020

November 4th, 2013

GAS PRICES TO CLIMB THROUGH 2020 — B&V SURVEY: Natural gas prices are expected to climb to between $4.50 and $7.49 per million Btus through 2020, according to a survey of the industry conducted by engineering and construction firm Black & Veatch.  That increase from the current prices near $3.50 will be driven by rising demand from electric power generation and the LNG exports, according to a majority of the respondents. Transportation demand and natural gas vehicles, petrochemicals and manufacturing operations will also push up demand.  The industry also believes that while demand will grow, more stringent regulations on production are will emerge. An overview of the report http://youtu.be/DpyZvqWwht0.