North America gas weekly update: Seasonal cool down finally appears
Finally, a seasonal cool down in temperatures is occurring, even in Texas. It is still hot, but nowhere near the record-breaking span of hot weather in the South Central storage region experienced this summer. Was it the “omega ridge” that locked in persistent heat during the peak summer? This weekly natural gas commodity report seeks to explore: Is record power demand falling off? Why is LNG feedgas requirements falling? How high will weekly storage injections ramp up as we enter fall?