raymond james gas price forecast 2001 note raymond james associates predicting gas prices average 4 50 2001 consensus first call estimates averaging 3 85 2001 read hear brokerage houses predicting lorna raymond james sends chills gas buyers spines raymond james associates gave gas buyers halloween shriek yesterday could producing chills way next april perhaps even next year firm released chilly forecast double digit gas prices winter said expects prices average 4 50 mmbtu 2001 regardless potentially warm winter highly likely united states experience regional shortfalls gas supply raymond james said latest energy report words gas storage test time low levels winter regardless weather situation get worse better next year end winter time low storage levels inject gas next summer summer enter next winter dangerously low levels natural gas raymond james added believe united states see gas demand increase 9 bcf 15 end 2002 new gas fired electric generation plants come line unfortunately even every drilling rig working u gas supply likely increase less 4 bcf end 2002 means gas prices must rise sufficiently crimp 5 bcf demand gas supply demand equation 2002 5 mcf 1 5 bcf demand reduced far means gas prices must go higher next several years however raymond james bullish predictions far cry crowd wall street plenty analysts upped forecasts recently hair raising levels first call consensus 2001 3 85 mmbtu still 65 cents less raymond james prediction everyone wants scare daylights buyers however deutsche bank believes analysts futures market participants nymex getting bold view maybe bold natural gas rig count approaching 850 hard believe fairly substantial supply response 2001 deutsche bank said energy wire friday analysts u energy information administration expecting dry gas production rise 18 94 tcf 51 9 bcf 2001 stuck near 18 7 tcf 51 2 bcf several years estimate 2001 looks 19 1 tcf 52 3 bcf seen credible forecasts reaching high 19 7 tcf 54 bcf general think eia way conservative number likely adjusted higher rather lower gain domestic production 2 bcf 53 2 bcf could doable imports appear likely 0 5 bcf demand rises 2 5 would account 1 5 bcf gain things equal implies storage refill suggests prices going come downward pressure