Despite reduced gasoline production in the areas of Texas affected by Harvey, prices should return to just above $2 per gallon, by the end of the year.
Matt Smith, director of commodity research at ClipperData, says that while crude oil prices waver, natural gas prices remain unchanged.
What you’ll hear in this segment:
– What to expect from the energy market in the coming months
– Harvey’s effect on natural and crude gas production
– How prices might change through the remainder of 2017
Written by Nahila Bonfiglio.