NATURAL GAS PRICES ARE HIGHER THAN THEY'VE BEEN IN YEARS, DUE TO INCREASED DEMAND BROUGHT ON BY COLD TEMPERATURES ACROSS THE U.S. WALLY DRANGMEISTER WITH THE NEW MEXICO OIL AND GAS ASSOCIATION SAYS THERE'S BEEN LITTLE NATURAL GAS PRODUCTION IN OUR STATE LATELY BECAUSE, UP TO NOW, PRICES HAVE BEEN VERY LOW. AND HE DOESN'T EXPECT ANY IMMEDIATE CHANGE. HE SAYS BEFORE PRODUCERS DECIDE TO START TO DRILL AGAIN, THERE HAS TO BE LONGER PERIOD OF SUSTAINED HIGHER LEVEL PRICES.
AND DRANGMEISTER SAYS THAT WOULD PERHAPS BE A YEAR TO A YEAR AND-A-HALF OF HIGHER PRICES.
