Some energy analysts believe that natural gas pricing already has an expectation of a moderate hurricane season and a warmer than normal 2009-10 winter built into natural gas futures. A bigger question seems to be, however, “when will demand come back?”
The gas industry continues to make investment, drilling, and other decisions based on the observation that demand will recover. It seems a reasonable assumption but by how much and when represent the million dollar (actually billion dollar) questions.
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