Commodity Market Report
North America gas short-term outlook: Lower for longer
Report summary
Natural gas production growth is slowing down, but will it be enough and in time to avert US gas storage containment? Declining gas drilling activity and deferred well completions are a harbinger for future supply declines but have less of an immediate impact to existing production levels that are still growing. As we enter the summer injection season, North American gas markets ask: • Will gas burns continue to outperform coal burns if higher prices return? • Will producers need to economically shut-in existing production? • How will seasonality impact LNG exports? In this update, we also extend our North America short-term market balances to 2025. Despite the next wave of LNG export projects, oversupplied markets are set to continue. Henry Hub gas prices may be lower for longer.
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
Commodity Market Report
North America gas short-term outlook: Can Henry Hub prices withstand seasonal demand decline?
Storage injections begin fall ramp-up
$2,000
Commodity Market Report
North America gas weekly update: Higher oil prices and new takeaway support Permian growth
Power demand will need to be replaced by another market-tightening fundamental
$1,700
Insight
North America gas supply basin takeaway monitor
Wood Mackenzie's monthly update on pipeline takeaway capacity across key North America regions.
$950
