energy information administration short term outlook january 2007 1 9 release next update february 6 highlights this edition of the steo includes forecasts through 2008 warm december weather led to a decline in crude oil and natural gas prices between end month west texas intermediate wti spot price fell from 63 48 per barrel 60 85 henry hub dropped 8 67 thousand cubic feet mcf 5 for review notable events that occurred petroleum markets 2006 see week projections us heating fuel expenditures 07 winter season have declined last s reflecting average household are projected be 873 compared 948 would first since 2001 02 which home expected prior total demand is increase at annual rates about 2
