2009 Price Outlook

By Jay Shellum | Trackback URL Add comments
Jay Shellum

According to the most recent Short-Term Energy Outlook, the Energy Information Administration (EIA) projects an average oil price of $51 per barrel for 2009, down from the 2008 average of $100.  The price of natural gas is projected to average $6.25 per Mcf in 2009, down from its average price of $9.17 in 2008.

Where do you think we’ll be a year from now?  Post your prediction as a comment.

Categories: Energy Policy, Markets and Economy
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