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Thursday, July 27, 2017

Analyst Predicts Wide Fluctuations in Natural Gas Prices

From The San Diego Union-Tribune:
Natural gas in the U.S. is abundant and figures to remain a dominant source for the nation’s energy supply for years to come, a leading industry analyst said at a national conference for utilities commissioners in San Diego this week. 
But at the same time, Andrew Weissman warned that natural gas prices may be headed for wide fluctuations in the coming years. 
“We face tremendous swings in demand that we can’t predict,” said Weissman, ​​founder of EBW AnalyticsGroup, a company based in Washington, D.C., that provides consulting services in the oil and natural gas markets. 
“And it’s likely to create conditions where, either with no notice, supplies become extremely tight or, with no notice, we’re flooded with natural gas.”
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