November 2020, Vol. 247, No. 11

Editor's Notebook

Doubling Down on $5 Natural Gas

Perspective By Michael Reed, Editor-in-Chief While there may not have been as much good news on the midstream front as any of us would have liked during of the past couple of weeks, I did come across some speculation that the price of natural gas could spike to $5/MMBtu by the fall of 2021.  I bet that last sentence got your attention, despite its inclusion of the word “speculation,” didn’t it? It certainly got mine as any projection of such a material price rally would – particularly when the data comes from a new forecast by highly regarded financial adviser Morgan Stanley. In the analysis, Morgan Stanley cited the potential for U.S. gas inventory levels to fa

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