Insight
Coronavirus: impact on US gas markets (22 May update)
Report summary
Demand recovery begins with gradual re-opening of the economy US domestic gas demand is still impacted by coronavirus “lockdowns” and social distancing measures. However, with the gradual re-opening of the economy, US gas demand losses are either stabilizing or starting to recover. Actualized power loads are no longer deviating from day ahead forecasts despite at seasonal low point Industrial demand losses have bottomed and key indicator utilization rates continue to increase Nevertheless, over 3 bcfd of demand loss is expected across 2Q-3Q 2020 What will be the pace of US gas demand recovery? We will continue to monitor, refresh and expand our prior insight as noteworthy changes occur.
Table of contents
- Demand recovery begins with gradual re-opening of the economy
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
North America gas weekly update: Can we avoid triple digit injections?
Increased supply curtailments and LNG export utilizations are a powerful combination
$1,700
Insight
Global upstream fiscal tracker: follow the key discussions in the upstream sector
Global upstream fiscal discussions tracker provides the Wood Mackenzie view on the key fiscal discussions as they unfold.
$1,350
Asset Report
Granite City steel plant
Granite City is a steel mill owned by US Steel that had one of its two blast furnaces idled in 2020 due to weak market conditions.
$2,250