Richard Meyer Natural Gas Market Indicators

Daily cash prices at Henry Hub have firmed primarily because of warm temperatures in much of the country creating an upward tick in natural gas to power generators. With that as a backdrop, the forward strip for natural gas prices at Henry Hub is below $4.71 per MMBtu through January 2012, a reflection of supply strength in the market.

This at a time when volumes of gas to power generation have increased from an early spring low of about 15 Bcf per day to a peak of over 35 Bcf per day during these (July) dog days of summer.

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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