Commodity Market Report
North America gas long-term outlook H2 2018 data: Pressure mounts for dry gas plays
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Report summary
Despite price strength this winter, supply still weighs heavily on the market through the first half of our H2 2018 long-term forecast. Through 2024, higher associated gas production, which puts pressure on dry gas, is met by limited structural growth in North America. After 2024, LNG exports lead growth, and dry gas is called on more and more, leading to rising prices. As the first in a series that will highlight our H2 2018 long-term view, this release provides the initial supply, demand, pricing and infrastructure data underlying our new forecast.
Table of contents
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Executive summary
- 2018-2024: Supply, led by associated gas, weighs on prices
- 2024-2040: A modest recovery, led by LNG, calls on more dry gas
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