U.S natural gas market is TIGHT

Post Reply
dan_s
Posts: 37343
Joined: Fri Apr 23, 2010 8:22 am

U.S natural gas market is TIGHT

Post by dan_s »

World Oil: https://www.worldoil.com/news/2021/8/11 ... his-winter

"The Energy Information Administration projects U.S. inventories of natural gas will reach 3,592 billion cubic feet (Bcf) by November 1, the beginning of the winter heating season. This amount is 159 Bcf below its previous five-year average. Above-average withdrawals of natural gas from storage in the 2020–2021 winter heating season and below-average injections into storage this summer contributed to a forecast of below-average inventories of natural gas, along with relatively flat dry natural gas production and high natural gas exports."
Dan Steffens
Energy Prospectus Group
Post Reply