Summary: A harsh winter could lead to natural gas shortages and extremely higher prices for consumers, producers and industry observers say. “As the U.S. recovery gets going and if we have a cold winter, we’re going to have to see sharply higher natural gas prices, In the next few years were going to hit some severe bottlenecks.” Said Stephen Brown director of energy economics for the Federal Reserve Bank of Dallas. For the next 24-26 months experts sat they wouldn’t be surprised to see gas prices rise from it’s current of 4.25 per thousand cubic feet to $5.50 per thousand cubic feet.
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