Gas prices have fallen in recent weeks, and they’re likely to fall further.
That’s according to a report out Wednesday by the Natural Gas Association, a trade group that represents the interests of the industry.
It also says the industry is in good shape.
But a number of the same factors that contributed to last year’s steep drop in gas prices also contributed to this year’s rise.
Here are the top three: A fall in supply There was a sudden drop in supply from the United States in the last few months.
But that didn’t stop the U.S. government from ramping up production.
Gas producers around the country have responded by ramping back production.
That has caused prices to fall.
The natural gas industry said that was because it didn’t have enough gas for the domestic market, and it blamed OPEC for making the decision to cut production.
The group said that it expected U.N. negotiators to push for an increase in output from OPEC, but that that hasn’t happened yet.
Natural gas producers have also seen supply contracts extended and contracts for liquefied natural gas cut.
A rebound in demand Natural gas prices are likely to recover a bit.
And they’ve been trending upward for some time now, with the Natural Energy Association predicting they could go higher than $1 per million British thermal units by mid-2020.
But the NGA says that it’s not yet clear how much will go up and how much it will fall.
That could depend on how much gas is being imported into the country, and whether the price of natural gas falls.
The NGA has been predicting that U.A.E. imports would decline in the second half of the year.
In February, it forecast that exports from the U, A and B regions would increase to $4.1 billion in 2021, down from $6.6 billion in 2020.
That number includes the UAB, Nigeria, Kuwait, Qatar and Algeria.
The average price for imported U.D. natural gas in 2021 was $3.92 per million Btu, down 5 cents from last year, according to the NPG.
And exports fell 1.3 percent to $5.1.
That translates to a price increase of $0.36 per million cubic feet.
Gas companies also noted that the number of new liquefying capacity added in the UUAs was still small, but up from last summer.
That means that if we have a drop in the supply of gas, we’ll have to increase our production to make up for it, said Todd D. Anderson, president and CEO of the Natural Resources Defense Council.
The industry has also seen demand for gas drop by a significant amount, the NMG said.
It saw U.B.E.-sourced demand decline by nearly 40 percent in 2020, and by 25 percent in 2021.
That might not seem like a lot of difference, but the UB export market accounted for about a third of the total global supply of natural-gas in 2021 and is likely to shrink in the coming year, the report said.
And the supply decline in 2021 might also affect future domestic supply, it said.
Another factor that could have caused prices a bit lower was the collapse in gas production from the Gulf Coast, a region that had become the biggest gas producer in the world last year.
Natural-gas producers in the region, along with the United Arab Emirates, Saudi Arabia and Bahrain, all cut production in February and March.
There was no immediate reaction from those countries to the report.
The report comes as the Obama administration is preparing to announce a major expansion of the Keystone XL pipeline, the project that would carry Canadian oil through the U to refineries in the United State.
It has also announced plans to expand the United Kingdom’s shale gas industry.
Those projects, along the way, are likely weighing on gas prices, said Matt Grossman, senior petroleum analyst at GasBuddy.com.
The price of U.M. natural-source gas has been dropping, and natural gas production has been falling.
That may be due to some of the natural gas being exported, Grossman said.
“It’s really hard to tell where the prices are going to be next year, or whether we’ll see any further price growth, as we have in the past.”
The Natural Gas Supply and Demand Index shows natural-fuel demand, such as natural gas, in the first quarter of 2020, up by 7.4 percent from the same period last year and up 9.1 percent since the beginning of 2019.
That compares with an increase of just 1.4 points in the same quarter in 2019, according the NNGS.
And natural-energy production is down 9.5 percent in the quarter, according TOI’s figures.
The supply-demand equation has been volatile for decades, with oil prices hitting the bottom in the late 1990s and recovering slowly over the following years.
But it’s been a boon for the natural-resource sector, Grosserman said,