Commodity Market Report
North America gas markets short-term outlook: Strong production, stronger power
Report summary
Henry Hub gas prices remains elevated by historical terms, but it’s facing downward pressure domestically as higher seasonal production and a normal start to the winter have reduced fears of a storage stock-out risk. This easing of Henry Hub gas prices is showcasing the breakdown in the price correlation of North American and global gas markets. • While a tight European market and news of potential delays to Nord Stream 2 spiked global gas prices, the effect on Henry Hub gas prices was felt less than it was earlier in October. • But with European market tightness that might persist into 2023, the importance of global gas markets to North America is unlikely to diminish.
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
Insight
North America gas supply basin takeaway monitor
Wood Mackenzie's monthly update on pipeline takeaway capacity across key North America regions.
$950
Commodity Market Report
North America gas weekly update: Henry Hub gas prices extend mini rally
Is a cooldown on the horizon?
$1,700
Commodity Market Report
North America gas short-term outlook: Henry Hub generates support while Waha falls into an abyss
Can prices rebound to $3/mmbtu by the start of winter?
$2,000