Friday, April 15, 2016

A Bullish Forecast For Natural Gas This Year (Which Is Odd)

Canadian natural gas prices could surprise to the upside this year

A warm winter and ramped up production from the Marcellus shale formation in the U.S. Northeast have led to concerns that Canadian natural gas prices are set to go even lower. A new report from Raymond James, however, argues that outlook is too bearish. Natural gas storage levels are at their highest levels in years as…