October 2013, Vol. 240 No. 10

In The News

Natural Gas Price Volatility Could Stage Comeback

As part of a “U.S. Century” fueled by global shale gas dominance, domestic natural gas prices will rise and volatility will return in the next three to five years, participants at the LDC Gas Forum Mid-Continent in Chicago were told on Sept. 10. The big story in natural gas will shift over the next five years from one of abundant supply to one of increasing demand, ConocoPhillips’ senior analyst Jim Duncan said. “No matter what your view [on price], odds are, consumption of natural gas is going to go up,” Duncan predicted U.S. gas demand could rise by 7 Bcf/d to 20 Bcf/d through 2017, driven by power generation regulations, LNG exports, ethylene pla

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