VOL. XLIV

No. 03

15-January-2001

US

US Gas Market Woes Likely To Spread

The US gas markets tightness has eased a little as prices continue to recede slowly from recent peaks, but the effects of the squeeze are likely to continue for some time. In its weekly Natural Gas Update dated 11 January, the Energy Information Administration of the US Department of Energy reported that the NYMEX front-month gas contract price fell below $9/mn BTU the previous week, while spot market prices fell to around...