Commodity market report
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15 Pages

North America gas markets short-term outlook October 2015

North America gas markets short-term outlook October 2015

Report summary

A warmer than normal start to the winter could mask strong gas demand until late November or December.  However, beyond the mild forecast for early November, demand could offer some support for prices. Overall demand—including feedgas for the Sabine Pass LNG export plant and exports to Mexico—through the winter is expected to climb by 5.7 bcfd, even though heating demand won't hit last year's mark if weather reverts to norms. As the weather turns colder, the impact of the low prices and coal unit retirements signal new record highs for gas burn, and industrial projects, once delayed, coming online, will add new gas demand.

What's included?

This report includes 13 file(s)

  • North America gas markets short-term outlook October 2015 PDF - 587.46 KB 15 Pages, 4 Tables, 9 Figures
  • Basis Outlook.xls XLS - 131.00 KB
  • Demand Detail.xls XLS - 755.00 KB
  • Imbalance Chart Sep2015.xls XLS - 569.00 KB
  • Industrial Index.xls XLS - 121.50 KB
  • LNG Detail incl Exports.xls XLS - 230.50 KB
  • NGL Price Outlook.xls XLS - 105.50 KB
  • Northeast Takeaway Capacity.xls XLS - 458.50 KB
  • Power Demand Curve.xls XLS - 102.50 KB
  • Price Outlook.xls XLS - 139.50 KB
  • Storage Outlook.xls XLS - 142.50 KB
  • Supply Demand Balances.xls XLS - 314.00 KB
  • Supply Detail.xls XLS - 430.00 KB


Volatility in oil markets and the growth of unconventional gas supply have created a high degree of uncertainty about future gas demand and the direction of gas prices.

This Gas Markets Short Term Outlook report forecasts future pricing, based on deep analysis of gas supply and demand fundamentals. Additionally, it addresses complex questions on gas flows, identifies future opportunities and informs fuel purchasing strategies.

Participants and investors can use this short term outlook report to understand gas markets and assess the impact of global gas dynamics and key market drivers.

Wood Mackenzie provides detailed supply, demand and price forecasts based on our integrated upstream, power, coal and LNG research. Our regional gas experts are based in the markets they analyse, providing comprehensive analyses of regional and global gas markets.

If you want to understand complex gas market dynamics and plan for the future, Wood Mackenzie is the premier resource to help you gain a clear, competitive advantage.

  • Executive summary
    • Winter Prices—some upside to NYMEX levels
    • 2016—Surprisingly bullish
  • Infrastructure
    • Storage
  • Supply
    • Supply Details
  • Demand
    • Industrial
    • Power
    • LNG
      • Sabine Pass
  • Regional
    • Northeast basis

In this report there are 13 tables or charts, including:

  • Executive summary
    • Short term price outlook
    • Henry Hub price outlook
    • US supply-demand outlook (bcfd)
  • Infrastructure
    • Supply-demand imbalance neutral
    • US storage inventories (bcf)
  • Supply
    • Key supply metrics and indicators
    • L48 Production Forecast
  • Demand
    • Leading indicators
    • Average power burn in October, 2014 vs 2015
    • Daily nuclear generation – fall refueling season
    • LNG feed gas expectations
  • Regional
    • Northeast Supply short term supply and pipeline development
    • Canada supply-demand outlook (bcfd)
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