North America gas weekly update: Spring break

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March has proved to be milder and no cold is in sight as we enjoy Spring break. Winter may not be fully over but essentially it is closing out. This winter as a whole has actually been slightly milder than normal. Record December warmth and a mild March close out are weighing in heavy. Despite such, gas storage withdrawals and freeze offs have been higher than normal. An uphill battle remains to refill back to adequate levels prior to the start of winter 2022/23. Both geopolitical and financial risks remain high and continue to exert pressure on North America gas market fundamentals.

Table of contents

  • Supply-demand balances

Tables and charts

This report includes 3 images and tables including:

  • Chart 3: US net LNG vs. production losses since 31 March 2020
  • Chart 4: Fundamental supply-demand imbalance still highlighting under supplied market
  • Chart 5. WoodMac degree days continues to fall off as transitions to injection season underway

What's included

This report contains:

  • Document

    Imbalance Chart Pred.xlsx

    XLSX 466.60 KB

  • Document

    Scrape Data.xlsx

    XLSX 504.94 KB

  • Document

    Weather Index.xlsx

    XLSX 136.65 KB

  • Document

    North America gas weekly update: Spring break

    PDF 1.01 MB