But just as in the oil markets, the stage is set for prices to snap back in a big way if demand returns to prerecession levels. Most energy analysts predict serious shortages when the economy rebounds because spending has been cut so fast by producers.
So enjoy the cheap heating and utility bills while you can.
"We are sowing the seeds for a significant rally," said Stephen Schork, an oil analyst and trader.
- Read more science news.


Start the discussion! Be the first to comment on this story.