Bloomberg reported last week that Goldman Sachs, Societe Generale SA and BlackRock all see natural gas staying in the $4.00 - $5.50 range for the next 10-20 years. “Rising U.S. shale gas production is driving fear out of the futures market, says Goldman Sachs Group Inc., and will constrain prices for the next two decades,” Bloomberg reported.

Steadily growing domestic natural gas production, largely from the proliferation of horizontal drilling throughout North America’s shale basins, combined with new infrastructure to move the gas to custome...


Legal Notice