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Natural Gas Prices: Survey ResultsWith natural gas delivery prices at $9.58 per million BTU, survey results show these highs were unexpected. On 12 February 2008, we asked you what you thought the Henry Hub Bidweek price for gas deliveries would be for April 2008. Here are the results:  The actual Henry Hub Bidweek Price for April 2008 Gas Deliveries was $9.58.Over 93% of respondents guessed lower than the actual price. This underscores just how fast and how high prices have risen. This number is the highest price ever seen in a spring month. As of today (6 May 2008), we expect Natural Gas prices to remain high for the remainder of 2008. Of course, prices vary from month to month and region to region throughout North America. For detailed forecasts of North American Natural Gas Prices, please refer to our Natural Gas Monthly publication. This survey was sponsored by Global Insight's Natural Gas Monthly. The Natural Gas Monthly presents a fundamental outlook for natural gas demand and its affect on natural gas prices. Get your free issue today. Comments/Questions: Please e-mail energy@globalinsight.com. |
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