Natural gas price heralds Arctic boonPrice rebound and supply-demand outlook support notion of staying power for $10 gas; Lippe doubts $120 oil will continue Gary Park For Petroleum News
For those trying to get a fix on the long-range outlook for natural gas prices as they wrestle with the daunting economics of Arctic projects in Alaska and Canada there has been a sudden lift from analysts who believe rebounding gas prices, pulled along by rising crude oil prices, are here to stay.
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Upper Montney, Horn River near term 19,000 well completions per year If oil hits $200, gas $16.50-$20 Gas on par with oil by 2012-13
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