Chris McGill Natural Gas Market Indicators

Natural gas demand, which had been as little as 60 Bcf per day in November increased to more than 102 Bcf per day on December 7 and 8, then 107 Bcf on December 13 – a not so gentle reminder of the coming winter.

Even so, gas acquisition prices at Henry Hub have remained in the mid-$4s as supply hit a 6-year high on December 8 – reflecting continued strong storage and flowing gas positions supplemented with higher volumes of Canadian pipeline exports to the United States.

Visit this link to download the full Natural Gas Market Indicators. 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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