Natural Gas Market Performance During the February 2021 Cold Weather Event (EA 2021-01)

Report April 05, 2021

The recent cold weather affected large swaths of the country and drove unprecedented demand for natural gas. Local distribution companies that deliver natural gas continued to provide safe and reliable service to customers with few interruptions during this event. However, the event led to significant impacts across the industry, including commodity pricing and customers. This AGA Energy Analysis provides observations and insights on the effects of the February 2021 cold wave on the natural gas industry. This Energy Analysis constitutes a limited review of select available data. Future analyses may expand on the elements reviewed here.

Please direct inquires to:

Richard Meyer, Vice President, Energy Markets, Analysis and Standards  (202) 824-7134

Rmeyer@aga.org

Juan Alvarado, Director, Energy Markets, Analysis and Standards  (202) 824-7232

jalvarado@aga.org

Full Report:  EA 2021-01 Natural Gas Market Performance During the February 2021 Cold Weather Event