EIA Slashes Natural Gas Price Forecast by 30 Percent Because of Supply Glut

1 month ago
American liquefied earthy state (LNG) prices are expected to tumble by astir a 3rd this year, arsenic milder wintertime upwind is starring to a glut. LNG prices are dropping arsenic proviso maturation has outpaced request maturation successful caller months, according to the U.S. Energy Information Administration (EIA), in its Short Term Energy Outlook (STEO), connected Feb. 7. Domestic accumulation of earthy state is expected to emergence to a caller pr...
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