Commodity Market Report
North America gas weekly update: Hot May
Report summary
• 85 bcf injection expected • East 22 bcf, Midwest 22 bcf, Mountain 7 bcf, Pacific 4 bcf, South Central 30 bcf • Salt storage injects 10 bcf The trend of hotter summers continues. May CDDs are ramping up significantly above normal. A record setting hot May has stymied shoulder season injections to ramp up and for triple digit weekly storage injections to make their appearance. Haynesville and Permian growth engines are reviving up. However, maintenance outages from the offshore GoM up to the Northeast is not helping to meet the higher gas power burns. As shoulder season injections fail to reduce the storage deficit, Henry Hub gas prices continue to be elevated.
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 weekly update: LNG underperformance ending
Welcome back Freeport LNG
$1,700
Commodity Market Report
North America gas weekly update: Freeport LNG woes continue
Higher injections lie ahead amid mild shoulder season demand
$1,700
Commodity Market Report
North America gas weekly update: Injection season begins
Higher injections lie ahead amid mild shoulder season demand
$1,700