If you’ve been looking for a 5-year price forecast in natural gas – you’ll want to take note of the Energy Information Administration’s 2013 Annual Energy Outlook (early-release)“With increasing natural gas production, reflecting continued success in tapping the nation’s extensive shale gas resource, Henry Hub spot natural gas prices remain below $4 per million Btu (2011 dollars) through 2018”“The resilience of drilling activity, despite low natural gas prices, is in part a result of high crude oil prices, which significantly improve the economics of natural gas plays that have relatively high liquids content (crude oil, lease condensates, and natural gas liquids). Also contributing to growing production volumes are improved drilling efficiencies, which result in a greater number of wells being drilled more quickly, with fewer rigs and higher initial production rates.”>