Commodity Market Report

North America gas short-term outlook: Shoulder season doldrums

Get this report


You can pay by card or invoice

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

After taking another stab below $2/mmbtu, Henry Hub gas prices have found some support on late April cold, record LNG exports and drifting US gas production. Despite the steep contango in forward prices, with looser North America markets continuing into 2024, lower prices are expected to help it to rebalance. As we enter shoulder season, North American gas markets ask: • Will gas burns continue to outperform? • Will producers exercise more restraint? • Can record US LNG exports continue?

Table of contents

  • Executive summary

Tables and charts

This report includes 1 images and tables including:

What's included

This report contains:

  • Document

    April 2023 STO.pdf

    PDF 754.90 KB

  • Document

    Basis Outlook.xls

    XLS 80.50 KB

  • Document

    Demand Detail.xls

    XLS 787.50 KB

  • Document

    Industrial Index.xls

    XLS 88.50 KB

  • Document

    LNG Detail Incl Export.xls

    XLS 255.50 KB

  • Document

    NGL Price Outlook.xls

    XLS 451.50 KB

  • Document

    Northeast Takeaway Capacity.xlsx

    XLSX 403.42 KB

  • Document

    Power Demand Curve.xls

    XLS 81.00 KB

  • Document

    Price Outlook.xls

    XLS 89.50 KB

  • Document

    Storage Outlook.xls

    XLS 107.50 KB

  • Document

    Supply Demand Balances.xls

    XLS 285.50 KB

  • Document

    Supply Detail.xlsx

    XLSX 278.99 KB