At ICF, we don’t have a crystal ball. But our consultants do have some of the most trusted data-backed expertise in the industries we serve. They use those insights to help our clients build models for strategies based on the best information we have about what the future of their industry holds.
Case in point: Natural gas prices are at some of the lowest levels we have seen in history, in large part due to the Marcellus/Utica shale gas revolution in the U.S. What are the implications of these ultra-low natural gas prices, when can we anticipate gas prices to rebound, and how can utilities, developers, and investors create value in this environment? In a recent webinar, ICF gas experts Kevin Petak, Hua Fang, and Michael Sloan explored the current state of gas markets to address these questions.
This paper adds to the conversation, with ICF's fuels team elaborating on the current state of gas markets and examining the future opportunities within the market. For example, midstream companies, investors, and utilities in the U.S. will need to update their portfolios to capture cost efficiencies within the Marcellus/Utica juggernaut and unload less cost-efficient resources to stay afloat.
Download the paper to learn why ICF forecasts 2016 as a prime time for assets to change hands, how our predictions differ from other forecasts, and which areas of demand hold the key to future of gas prices.