Current production and consumption data suggest the year is poised to close at all-time records on both fronts. So, what is the market rationalization for all these factors? The price of US natural gas is averaging its lowest level since 1999. Is this what abundance looks like?
Visit this link to download the full Natural Gas Market Indicators report. Topics covered in this week’s report include: Reported Prices, Weather, Working Gas in Underground Storage, Natural Gas Production, Shale Gas, Rig Counts, Pipeline Imports and Exports, and LNG Markets.
Please direct questions and comments to Chris McGill at cmcgill@aga.org or Richard Meyer at rmeyer@aga.org.
