Commodity Market Report
North America gas weekly update: Freeport LNG fully restored
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Report summary
Despite Freeport LNG’s ramp up erasing worries of a longer-term outage, Henry Hub gas prices have continued to slide. The NYMEX August contract expired well below $2/mmbtu, and spot prices are even lower. Will another round of supply curtailments be needed to resuscitate gas prices? This weekly natural gas commodity report seeks to explore: • How much will cooling degree days increase in coming weeks? • Which producers are continuing to curtail US gas production? • Does the US Court of Appeals DC ruling to vacate Regional Energy Access permits matter?
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