Chris McGill Natural Gas Market Indicators

Strong daily volumes of natural gas to power generators has been the market story this summer with a slowing of underground storage injections from  an initial torrid pace. Oil prices have periodically surged but natural gas acquisition prices have demonstrated a relatively uneventful summer, which may be good for consumers during the coming winter heating season.

With that said, hurricane season projections remain focused on an above average storm count this year, so pre-winter price spikes are possible. Given the overall supply picture, with continued strengthening of domestic production, it may mean that any supply disruptions will have a minimal or short-lived impact on the national market.

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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