Oil & Gas Market Update: Dan's Podcast

[dan_s]

Here is the link to my podcast: https://youtu.be/WkFRJkq8woA

On slides 8 and 9 I show two charts cut from a recent Credit Suisse report which goes into detail on how the Permian Basin pipeline capacity shortage may impact individual companies. If you want to see the full report, send me an email: dmsteffens@comcast.net

I only spend 30 seconds talking about how tight the U.S. natural market is on slide 10. Right now we have plenty of natural gas because we are in the 2nd half of the Spring Shoulder Season. By the end of June we will move into the "Second Season" for high natural gas demand; when everyone's air conditioning is running and demand for power generation goes way up. Industrial demand for gas is up more than 2 Bcfpd YOY already.