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Beyond 2015, I think the outlook for natural gas producers will turn very bullish. In 2015, the U.S. will begin exporting a lot of LNG, ramping up to over two TCF per year in 2017 and over three TCF per year by 2020.
This will allow the U.S. to work off excess supply very quickly and should push U.S. gas prices to the global price less transportation.
Ngas: Long-Term outlook is bullish
Ngas: Long-Term outlook is bullish
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group