Natural Gas Market Indicators: November 13, 2015Leaves are past peak throughout the country, so where is winter? It will come, however, right now with warmer than normal conditions for much of the past six weeks from coast to coast the winter heating season demand surge has not yet materialized. Storage is stronger than ever, as a supply asset for the 2015-16 winter, and even though domestic production has flattened it is well positioned. Don’t forget that Canada is capable of providing 5 Bcf per day and more to U.S. markets, also, so what remains is the consumption side of the market equation playing out its seasonal dance.
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 cmcgill@aga.org or Richard Meyer at rmeyer@aga.org.
