Oil, gas prices down on warmer weather
EIA projects WTI average of $64.42 in ’07, compared to $66.02 in ’06; Henry Hub expected to rise, from $6.94 in ’06 to $7.06
Warmer U.S. December weather led to a decline in crude oil and natural gas prices, the U.S. Department of Energy’s Energy Information Administration said Jan. 9 in its short-term energy outlook.
During December the spot price for West Texas Intermediate fell from $63.48 per barrel to $60.85 and the....
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WTI $64-$65 barrel in ‘07
U.S. crude production, natural gas
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