Insight
Frozen
Report summary
The polar vortex has spilled over into the US and set to reach deeper South with much colder conditions. A rare snow day might even be in the cards for Houston toward the end of President’s Day weekend. Correspondingly, daily North America gas prices are soaring above global gas pricing with some gas trading hands above $600/mmbtu! • How much production freeze offs are expected? • How will US gas storage change? • Any longer term implications?
Table of contents
- Event
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Implications
- How much production freeze offs are expected?
- How will US gas storage change?
- Any longer term implications?
Tables and charts
This report includes 3 images and tables including:
- Daily North America gas prices spike with polar vortex spilling over into the deep South
- Production freeze offs ramp up and as colder weather expands further South set to increase further
- Storage withdrawals will grow with additional heating loads and production freeze offs
What's included
This report contains: