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EIA 2009 Projections

By Vorys

The Short-Term Energy Outlook for January projects a 36% drop in natural gas prices for 2009:  "The U.S. economic downturn is also contributing to lower natural gas prices. The Henry Hub natural gas spot price is projected to decline from an average of $9.13 per Mcf in 2008 to $5.78 per Mcf in 2009, but then increase in 2010 to an average of $6.63 per Mcf."

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Tags: Energy

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