North America gas weekly update: Trick or treat?

A cold Halloween is blanketing a large swath of the nation, even as deep south as Texas. Henry Hub gas prices have responded to the first cold shot of the winter, providing gas market bulls with a treat. However, a quick warm-up may also be already coming. Is the current rally just another market trick? This weekly natural gas commodity report seeks to explore: • How high will heating degree days rise in coming weeks? • Are production freeze-offs occurring? • When can we expect the season’s first withdrawal?