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Surge in U.S. Natural Gas Production to Keep Prices Low, an Industrial Info News Alert

DENVER, CO -- (Marketwired) -- 04/19/13 -- Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- U.S. natural gas producers have become victims of their own success, as dramatic production gains from new techniques and operating efficiencies have swelled annual gas production. Increased demand from industrial facilities has been unable to soak up all the additional supply, keeping prices relatively weak, speakers told an Oil & Gas industry conference this week in Denver. And a bad situation threatens to get worse in the coming years, as continued expansions of production will keep gas prices low. But experts predict gas prices should climb again by mid-2017.

Other companies featured: Cheniere Energy Incorporated (NYSE:LNG).

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle¬ô, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the "Contact Us" page.

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Joe Govreau

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