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Goldman Sachs: Natural Gas Prices Won’t Rebound Until 2013

The steep decline in natural gas prices doesn't appear to have any short-term fixes on the horizon. Prices slipped below the $2 mark yesterday for the first time in more than 10 years, and many analysts say prices could go even lower through the summer. Now you can add Goldman Sachs to that camp.
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Goldman Slashes Its Forecasts For Natural Gas Prices

Business & Finance : Business Insider: Clusterstock (last year)

Goldman Sachs is lowering its forecast for natural gas prices on an unexpected surge in production. The revision sees Q3 prices at $3.85/mmBtu and Q4 at $4.25/mmBtu, from a previous estimate of $4.50/mmBtu for both. Analysts Damien ... Read Post

Natural Gas Plunges To A 27-Month Low (GAS)

Business & Finance : Business Insider: Money Game (3 years ago)

Natural gas prices plunged on new inventory data. February 2012 natural gas contracts declined 3.2% in value. Prices touched as low as $3.001 per million British thermal units during the day, before rebounding slightly. Natural gas ... Read Post

Here Are Goldman Sachs' Forecasts For Everything

Business & Finance : Business Insider: Money Game (51 minutes ago)

The stock market is at an all-time high with the S&P 500 at 2,003. Meanwhile, yields around the world have been tumbling. So, what happens next? Below are Goldman Sachs' current forecasts for the U.S. economy and every major financi... Read Post


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