Day: December 6, 2011

Gas Surplus Continues Downward Price Movement

Bank cuts 12% off 2012 US gas price forecast, supply overwhelming demand Washington (Platts) Investment bank Raymond James’ top natural gas analyst sliced 12% off his 2012 natural gas price forecast Monday, saying growing supplies will smother anemic demand and…

Regional Greenhouse Gas Initiative Auction

US RGGI auction likely to clear at price floor: analyst Washington (Platts) A quarterly auction of Regional Greenhouse Gas Initiative carbon dioxide allowances scheduled for Wednesday will likely sell at the reserve price of $1.89/st, an analyst with Environment Northeast…