 December 27, 2002 Is There Sufficient Natural Gas in Storage To Meet This Winter’s Needs?EIA’s most recent Weekly Storage Reports have been startling. For several weeks in a row, the weekly storage withdrawal figures reported by EIA have been far above the levels that might normally be expected for this time of the year – even after adjusting for weather. December 18, 2002 The Coming Natural Gas CrisisA new study by EnergyBusinessWatch suggests that, after three years of unprecedented turmoil, the U.S. energy industry is about to face a new and potentially severe crisis: a sharp upward shift in natural gas prices that could permanently change the competitive positioning of many energy companies and persist for at least the next 5-7 years. |