EIA Chops Price Forecasts for Oil, Gas
Weakened U.S. and global economies, and higher production, will lead to a 10.6% cut for WTI and 9.8% reduction for Henry Hub natural gas this year, according to the Energy Information Administration.
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Joseph Markman manages editing and production for Oil and Gas Investor magazine and all Hart Energy print publications. He joined Hart Energy in 2010 after more than 20 years in the daily newspaper business, most of them with the Houston Chronicle. Markman has also written and edited for Newsday and The Jerusalem Post. At Hart Energy, he served as editor for Stratas Advisors, and senior editor for Midstream Business magazine and the HartEnergy.com website. He earned his bachelor of science degree in journalism from the University of Illinois at Urbana-Champaign.
Weakened U.S. and global economies, and higher production, will lead to a 10.6% cut for WTI and 9.8% reduction for Henry Hub natural gas this year, according to the Energy Information Administration.
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