Commodity Market Report
North America gas weekly update: Fall
Report summary
Cooling loads increased week-over-week, and this October is setting up as one of the warmest on record. However, the real story of Henry Hub gas prices remains the tie to global markets. Unprecedented high gas prices and volatility in Europe is forcing a question that will hit North American markets: will Europe have enough gas supply this winter to meet demand? Henry Hub has to price in scenarios for both a “yes” and “no” to that question.
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