$70 WTI crude oil spot in ’06-’07Henry Hub natural gas spot prices expected to average $7.51 per mcf in ’06, down from ’05 $8.86; $8.30 expected in ‘07 Petroleum News
Crude oil prices fell during most of August and into early September and the West Texas Intermediate crude oil spot price is projected to average around $70 a barrel in 2006 and 2007, the U.S. Department of Energy’s Energy Information Administration said in its Sept. 12 short-term energy outlook.
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