Natural Gas Market Indicators – October 3, 2023
Market Summary With the shoulder season typically comes milder weather and lower natural gas demand. This year, actual temperatures are…
Market Summary With the shoulder season typically comes milder weather and lower natural gas demand. This year, actual temperatures are…
Hurricane Lee was downgraded as it made landfall in the Northeastern U.S. as a post-tropical cyclone. Hurricane Nigel develops in…
Market Summary Weather The 2023 Atlantic Hurricane season’s slow start has abruptly escalated with the formation of two named systems:…
Market Summary Weather July concluded with the first hurricane of the 2023 season, Tropical Storm Don, which intensified into a…
Market Summary Weather The National Oceanic and Atmospheric Administration reported that June 2023 was the warmest June for the globe…
Market Summary Weather High temperatures persist across the country as the West and East coast continue to experience unprecedented heat.…
Market Summary Weather A heat dome has developed over the state of Texas and is expected to expand to neighboring…
Market Summary Weather On June 8, the NOAA Climate Prediction Center announced that El Niño conditions have developed as the…
The EIA’s Drilling Productivity Report anticipates a new production record out of the Permian Basin for June.
The EIA forecasts natural gas consumption for power generation to average 38 Bcf per day in the summer of 2023.
Prices out of Henry Hub remain below $2.35, continuing the recently consistent low prices.
The EIA Short-Term Energy Outlook indicates that the U.S. is now supplying more natural gas than it demands, a trend…