Commodity Market Report
North America gas markets short-term outlook: Winter is coming?
Report summary
Winter is not over but North America gas markets sure does think so. Hard to disagree with some days in December feeling more like spring. Fears of running out of gas storage this winter that peaked in early October have disappeared. Is winter really over before the solstice? Find out more on: • Where does Henry Hub gas prices go from here with much of the winter premia given up? • Does the European gas crisis at new record high gas prices matter? • Will surging US gas production continue into 2022? • And will the traditional gas market balancing mechanism of coal-to-gas switching reappear in summer 2022 to prevent storage levels ballooning?
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