Insight
North America gas: 2022 in review
Report summary
At this time last year, the North American gas market had just exited two years of highs and lows — oversupply and production declines that occurred at the outset of the Covid-19 pandemic in 2020 and escalating prices that accompanied the accelerated demand recovery that followed. One might have expected a calmer year to follow in 2022, but that was not the case. In this note, we recap several key trends that shaped an extremely volatile 2022 in the North American gas market: Henry Hub’s exposure to global gas prices Impacts of the Freeport LNG explosion and prospects for future LNG export growth North American production trends amid continued capital discipline The direction of recent pipeline buildout The IRA’s effect on the future of natural gas
Table of contents
- Executive Summary
- Henry Hub exposed to global gas prices
- 2022 Prediction Scorecard:
Tables and charts
This report includes 6 images and tables including:
- Henry Hub and TTF monthly settles and forward curve
- Contracted Volumes by Pre-FID Projects
- Upstream Reinvestment Rates
What's included
This report contains:
Other reports you may be interested in
23 January 2023
Europe gas: 2022 in review
Insight
Europe gas: 2022 in review
A review of how Europe coped with the worst crisis in the history of its natural gas industry
$95023 May 2023
North America gas weekly update: Tighter markets continue despite faltering prices
Commodity Market Report
North America gas weekly update: Tighter markets continue despite faltering prices
Henry Hub gas price rally loses steam
$1,70019 May 2023
North America gas short-term outlook: Lower for longer
Commodity Market Report
North America gas short-term outlook: Lower for longer
Henry Hub gas prices stay near supply costs in an oversupplied market
$2,000