At this week gas futures fell by 9% to 5.9 dollars per million British termoedinits. This is less than in December last year by 16%, although winter is colder than last year.Inventories of gas to exceed 3.4% of their normal level, writes Wall Street Journal. The main reason – declining demand from manufacturers that are its most active customers. Do not save the situation and started the winter, this year more cold than usual. Analysts do not predict an increase in gas demand in the industry, at least until mid-2009. As for the forecasts of gas prices, many analysts are predicting increases in the long run. It may be that the price of gas will fall to 4.75 dollars per million British thermal units in the third quarter of 2009, but in 2010 will go up again. Subash Chandra, an analyst Jefferies x26 Co, a more rapid recovery in prices. He believes that, despite the fact that a significant amount of gas uploaded to the repository to ensure its supply business is not as easy as many believe. However, according to the expert, the price has recently fluctuated so that their prognosis is extremely difficult to make.
