Commodity Market Report
North America gas weekly update: the farewell
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Report summary
Will we ever say farewell to low Henry Hub gas prices? Not while the fundamental gas supply-demand balance is so loose, and now another potential source of help for gas prices is saying farewell, in that peak summer weather is receding into memory. US production continues to soar, and LNG feed gas levels are suffering from maintenance and delays. Henry Hub gas prices are struggling valiantly to remain above $2.00/mmbtu, but how long can they tread water? Is this also the farewell to any producer’s hope of higher gas prices?
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