North America gas weekly update: Peak storm season but so far uneventful
Tropical Storm Harold is making landfall along the Texas and Mexico border and a flurry of other disturbances are occurring as we enter the peak of the climatological Atlantic hurricane season with hot sea surface temperatures. However, no market impacts are currently expected with high wind shear restricting strengthening and recurving most systems out to open waters. This weekly natural gas commodity report seeks to explore: • Are cooling degree days set to fall off? • Will low LNG utilizations continue? • Is US gas production still growing?