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FERC Winter 2019/20 Assessment Finds Strong Gas Supplies

From ihsmarkit.com

FERC staff's "2019-2020 Winter Energy Market Assessment" was presented at the Commission's open meeting on October 17, and it came to the same conclusion that other analyses have done so far this fall: with abundant gas supplies and a mild or normal winter forecasted, all indications are that prices will remain low and shortages will not emerge. "Going into this winter, natural gas storage levels are close to the five-year average and natural gas futures prices are lower than last winter. Also, pipeline additions in the Permian and Marcellus Basins have bolstered the fuel supply chain, allowing additional ... (full story)

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  • Category: Fundamental Analysis