Insight
North America gas markets: What to look for in 2018
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
After just one month, 2018 will surely be remembered as a record-breaking year in the North American gas market, starting out with storage withdrawals exceeding 300 bcf for the first time and cash prices breaching $100/mmbtu due to recent cold snaps. But more importantly, year-on-year production increases for the US and Canada are expected to hit a staggering 10 bcfd altogether, the strongest annual growth in history and equivalent to adding another Permian to the gas market. Some of the supply growth will hinge on more than 18 bcfd of the new pipeline capacity that is set to ramp up this year, and five more LNG export terminals will commence operation to draw almost 5 bcfd of feedgas by year-end, pouring the foundations for US exports’ influence in the global gas market. However, the tremendous market expansion still comes with a number of uncertainties. The attached slide deck provides more details on the top five things to look for in 2018.
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
Will high prices in ERCOT move the needle?: North America power and renewables short term outlook August 2019
ERCOT experienced prices skyrocketing to $9000/MWh and faced record electricity demand due to sustained high temperatures.
$2,000
Commodity Market Report
Hopes of a return to “normal” winter erased: North America power and renewables January 2020 short-term outlook
Henry Hub moved below $2 in January as hopes of a return to normal winter fades.
$2,000
