Natural gas prices set to fall: analyst

Mar 07, 2014 | 02:17 PM | Thorsten Schier

Tags  Bentek Energy, Ryan Smith, natural gas, liquefied natural gas, LNG, crude-by-rail, Eagle Ford shale, Thorsten Schier

NEW YORK — Despite a short-term boost from the severe winter weather, U.S. natural gas prices likely will only be supported at higher levels once liquefied natural gas (LNG) exports kick off, according to an industry analyst.

“(They) will probably go back down to where we were before in the pricing environment until LNG comes online,” Ryan Smith, energy analyst at Evergreen, Colo.-based Bentek Energy LLC, told attendees at AMM’s seventh annual Steel Tube and Pipe....

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