Natural Gas Market Indicators: November 24, 2015Colder temperatures finally pushed natural gas demand to over 85 Bcf per day during the third week of November – a clear signal that winter is approaching. Small volume residential and commercial heating loads also went above 35 Bcf per day, remembering that during a “polar vortex” type of event the R/C sector can demand twice that amount of natural gas. Industrial demand for gas has been about flat during 2015 while gas to power generation has been up about 16 percent due to new institutional demand growth, as well as very low, very competitive pricing with coal.
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.
