U.S. Natural Gas Prices Are Set For A Sustained Rally ...Middle East

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U.S. Natural Gas Prices Are Set For A Sustained Rally
source : OILPRICE ( Middle East ) () 12
Record LNG exports and unseasonably high demand for electricity have combined in recent weeks to push U.S. gas prices considerably higher than they normally are at this time of the year. And this may only be the beginning. Gas prices have jumped twofold since the start of the year; that could increase another 25 percent if the summer turns out hotter than normal, CNBC reported last week. The report cited a senior analyst from S&P Global Community Insights who noted that natural gas production was not rising fast enough to meet growing demand,…

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