Chris McGillNatural Gas Market Indicators

March 31, 2009 by Chris McGill · Leave a comment
Filed under: Natural Gas 

090331ngmi Natural Gas Market Indicators

Spot prices for natural gas at Henry Hub in March first firmed, then fell again below $4 per MMBtu. Basic market fundamentals have not changed dramatically, however, and many analysts believe the summer balancing point for the unit price of gas could be even lower. A key to the short-term (less than one year forward) natural gas market will be demand recovery; that is, how soon does the economy recover and how quickly do large volume users of natural gas return to normal consumption levels – or whether they do at all?

Visit this link to download the full Natural Gas Market Indicator. Topics covered include: Reported Prices, Weather, Working Gas in Underground Storage, Natural Gas Production, Rig Counts, Pipeline Imports and Exports, and LNG Markets.

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