“Assuming normal winter weather, we believe the ‘15 US natural gas supply-demand outlook will be challenging—perhaps the toughest year for the gas market since 2012 (the year there was no winter),” they said.
Simmons called for an average natural-gas 2015 price between $3.25 and $3.75 per million Btu. They kept their 2014 average price forecast intact at $4.25 to $4.50 per million Btu.
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