# S&P: Negative hedging outlook for nat gas producers

Natural gas prices will remain relatively low this year and next, according to the latest projections from ratings agency Standard & Poor’s, averaging $3.75 per million British Thermal Units (mmBTU) in 2011 and$4.00 per mmBTU in 2012. This follows on from a yearly average of \$4.39 per mmBTU in 2010. “Consumption will remain soft, but will improve over time in line with economic conditions in the US,” Patrick Jeffrey, a director at Standard & Poor’s Ratings Ser