All eyes are on the winter weather forecasts as US production, coal markets, and net exports all signal bullish prices. Under normal weather, residential, commercial and industrial markets will add about 6 bcfd of demand over last year. A few early Northeast pipeline arrivals, and a DUC drawdown aren't enough to offset anaemic drilling levels and production heading into the injection season, but we expect a production recovery next year, as gas rigs are being added back. While added renewables take some of the pressure off of fossil generating capacity, rising gas prices will allow coal to recapture some market share, even if the industry has to reinvigorate idled equipment and miners.
This report includes 12 file(s)
North America gas markets short-term outlook October 2016 PDF - 588.20 KB 19 Pages, 6 Tables, 6 Figures
Basis Outlook.xls XLS - 132.00 KB
Demand Detail.xls XLS - 670.00 KB
Industrial Index.xls XLS - 121.00 KB
LNG Detail incl Export.xls XLS - 221.00 KB
Northeast Takeaway Capacity.xls XLS - 488.00 KB
Power Demand Curve.xls XLS - 113.50 KB
Price Outlook.xls XLS - 136.00 KB
Storage Outlook.xls XLS - 149.00 KB
Supply Demand Balances.xls XLS - 305.50 KB
Supply Detail.xls XLS - 279.50 KB
NGL Price Outlook.xls XLS - 116.50 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.
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Commodity market report | Oct 2016
North America gas markets short-term outlook October 2016
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