Commodity Market Report
North America gas weekly update: Southern heatwave
Report summary
Summer heat is on the way. Daily high temperatures in Houston are expected to hover near and above triple digits for the next ten days with only minor relief thereafter. Power loads will be tested as not only air conditioners will be running around the clock but EVs recharge overnight. The weekly commodity report seeks to explore: • How high will gas burn be? • Is LNG maintenance set to continue? • Are any triple-digit weekly storage injections left in store before fall?
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