EIA projects $63 WTI in ’06, $60 in ‘07
Henry Hub natural gas prices expected to grow from $9 per mcf in ‘05 to $9.80 per mcf in ‘06, and back down to $8.84 in ‘07
The U.S. Department of Energy’s Energy Information Administration is projecting an average price of $63 per barrel for West Texas Intermediate crude oil in 2006, with the average price dropping to $60 per barrel in 2007. WTI averaged $56 per barrel in 2005, the agency said Jan. 10 in its short-term....
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World oil demand growth to increase
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