Commodity Market Report
North America gas weekly update: $2 below
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Time is running out for peak winter weather days. With January setting up to be the 3rd warmest on record and an early look into February now indicating continued winter warmth, Henry Hub prices have cratered below $2/mmbtu. In fact $2 below Henry Hub prices are being set by the market until upcoming peak summer months in 2020. Weekly storage withdrawals at -85 bcf, lower than both the five-year average and last year are expected for the week ending 17 January as a result. However, more constructive longer range fundamental trends continue with US gas production in decline mode for the last two consecutive months and new LNG train start-ups adding to already record feed gas levels. Will Henry Hub take notice or is more down drift necessary to speed up the journey back to higher prices?
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
Power Report
Asia Pacific levelised cost of electricity (LCOE) 2026 report
A threefold solar gap and fivefold offshore wind spread. Our 2026 Asia Pacific LCOE update, 15 key markets to 2060.
$13,990
Insight
From goodwill to ground rules: Recycled polyolefin demand in North America
North America's recycled polyolefins market will reach 30% of total demand by 2050. Supply, not demand, is the constraint that matters.
$900
