EIA forecasts $53 per barrel WTI in ‘09
Henry Hub spot price expected to average $4.24 per mcf this year, down from $9.13 in last year; rise to $5.80 in 2010 forecast
The U.S. Department of Energy’s Energy Information Administration is forecasting an average $53 per barrel price for West Texas Intermediate crude oil this year.
That compares, EIA said in its April 14 short-term forecast, to $100 per barrel in 2008 and a forecast of $63 a barrel for 2010.
[additional news subjects in this story]
March crude prices up
Natural gas rigs down by half
LNG expected to rise
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/24/2013)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
circulation@PetroleumNews.com --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.