Exelon (EXC) CEO Chris Crane expects U.S. natural gas prices to rise to $4-$6/million BTUs and a...

|About: Exelon Corporation (EXC)|By:, SA News Editor

Exelon (EXC) CEO Chris Crane expects U.S. natural gas prices to rise to $4-$6/million BTUs and a similar increase in power prices by 2015, which could help boost the bottom line of EXC and its rivals. Crane notes prices have stayed relatively the same for months, but he expects more buyers to enter the wholesale power markets in 2015 as the effect of coal plant shutdowns hits the market.