Commodity Market Report
North America gas weekly update: Record US gas production
Report summary
Power demand has ramped up and high export levels continue. However, has US gas production also ramped up to record highs? The jury is still out, but, if real, storage congestion is back on the table. And, if North America gas markets are headed toward storage congestion, Henry Hub gas prices need to head lower not higher. The weekly commodity report seeks to explore: • Where is US gas production growing? • Will peak summer power demand continue higher? • Is the storage surplus set to expand significantly?
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