Chris McGill Natural Gas Market Indicators: March 14, 2014

While it may not feel like it, the winter heating season is technically approaching its close.

Even with short-term local daily cash price peaks, natural gas futures have remained remarkably stable, generally in the $4.25 to $4.75 per MMBtu range going as far out as 2017. This reflects confidence in the ability of domestic production to meet weather-induced and growing institutional demand for natural gas in the industrial, power generation and weather sensitive small volume customer sectors.

These observations continue to support the takeaway from the Natural Gas Market Indicators publication two weeks ago which stated that the nation’s natural gas supply portfolio has handled persistent cold and major weather events very well this winter heating season.

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 or Richard Meyer at

This entry was posted in energy, environment, Natural Gas, people, utility, weather, winter heating. Bookmark the permalink.