Dallas, Texas (PRWEB) September 22, 2013
United States Oil and Gas Report Q4 2013 upgrades the net LNG export forecasts to reflect capacity coming online from the Freeport and Lake Charles LNG terminals, the two latest ones approved for non-FTA exports, which opens up the European and north Asian markets. This report anticipates that more liquefied natural gas (LNG) export projects will be approved in the coming months. It notes a strong upside risk to forecasts stemming from the nineteen applications under review by the government (DoE) for non-FTA LNG exports. Natural gas consumption surged in the first three months of the year during snowstorm Nemo in the Northeast. However, over the second quarter, natural gas consumption has been tapered by higher natural gas prices (to a large extent a result of snowstorm Nemo), which prompted a swift switch by utilities to cheaper coal. The new natural gas price forecast for the Henry Hub price anticipates that prices will remain around current levels of US$4/mnBTU to 2015, after which point the combination of ramp up of LNG exports and a large influx of new petrochemicals complexes will alter the dynamics creating a push-pull environment that will result in a new, higher price equilibrium of around US$7mnBTU. Complete report is available at http://www.marketreportsonline.com/274397.html.
United States Metals Report Q4 2013 research’s forecasts across the refined metals sector in the US remain tepid as the country's economic recovery remains steady but less than robust, and as the long-term trend of declining consumption and metal intensity per unit of economic grow continue to play out. In the short term, this report expects refiners and metal producers to continue bringing production back online as the country's economic outlook improves, particularly in the construction and automotive sectors. That said, production and consumption will likely remain below pre-crisis levels as Chinese growth slows in H213, eurozone demand remains weak, and inventories stay elevated. Complete report is available at http://www.marketreportsonline.com/274396.html.
This research forecasts that slow but steady growth in the metals sector will roughly track broader GDP growth, which is forecast to average 2.4% from 2013 to 2017. Gains in the manufacturing, including automotive, and construction sectors should lead to steady, though low, growth. However, elevated inventories, weak foreign demand, and increased competition from cheap imports will cap production increases. Data available through to June 2013 indicate that while metal industry activity has increased since the end of 2012, recent growth has slowed in the metals industry. Comprehensive Table of Contents for the research United States Metals Report Q4 2013 is available at http://www.marketreportsonline.com/274396-toc.html.
Comprehensive Table of Contents for the research United States Oil and Gas Report Q4 2013 is available at http://www.marketreportsonline.com/274397-toc.html.
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