Commodity Market Report
North America gas markets short-term outlook: Near record June warmth and a record storage reclassification
Report summary
Henry Hub gas prices continue their rally with near record June warmth, a record storage reclassification, and TETCO southbound flow constraints. Contributing to this rally are strong exports, despite seasonality for LNG feed gas levels due to maintenance and outages. However, downside risks remain largely from US gas production. Will producer capital discipline and more focus on ESG measures slow down recent production outperformance? Or will coal-to-gas displacement at higher gas prices be more “stickier” resulting in higher gas burns as we approach peak summer power demand?
Table of contents
- No table of contents specified
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 short-term outlook: Summer 2024 prices need to stay lower for longer
Unwinding of supply and demand response would result in fall storage containment
$2,000
Commodity Market Report
North America coal short-term outlook February 2024
Mild temperatures in February portend an early shoulder season with weak coal generation through spring.
$5,000
Commodity Market Report
North America gas weekly update: Producer’s last price response is activated
Yet Henry Hub still struggles to recover
$1,700