Where are Natural Gas prices headed?

A lot of decisions about how the electricity industry will evolve depend upon the future of Natural Gas prices. As prices hit historic lows in the last 2 years drilling activity dried up. Recent “tight gas” and “shale gas” reserve additions experience rapid declines. To me the signals are for significant price increases in the next 5 years. See http://www.theblackswanblog.com/blog1/?p=599

One Response to Where are Natural Gas prices headed?

  1. Raymond Rapisand January 25, 2014 at 7:49 pm #

    Davis , thanks for the informative illustrations on the Shale gas production and pricing. Many other voices are saying the combination of high decline rates ( I have seen decline data curves from industry players) that indicate decline as high as 65 % in 5 or 6 years, plus the rush to convert from coal to gas, then the medium level volumes of LNG exports will combine to raise prices at a higher rate than EIA currently projects.

    Davis is that your take on the gas market? Any additional blog articles on this would be good. Thanks again