Commodity Market Report
North America gas short-term outlook: Freeport LNG strikes again
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Report summary
Henry Hub gas prices that were already collapsing due to a combination of rising supply and moderation of extreme summer heat received another blow when Freeport LNG sustained wind damage from Hurricane Beryl. Despite restoration of feedgas volumes and tanker loadings, its track history warrants risk of longer-term underperformance. This month’s North America gas commodity report seeks to answer: • Will US gas production continue to rebound? • Why has US LNG feedgas been underperforming? • Have we reintroduced storage overfill risk this fall?
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