(L) Oil & U.S. Energy★ Featured Topics​CommoditiesEnergy & Environment

Natural Gas Demand Detonation Will Push Prices and Transform the Industry

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Summertime Surge
Natural gas futures have steadily climbed almost 17% since February, largely due to a frigid, inventory-draining winter that extended into April, enveloping the entire northern hemisphere and leading to record consumption and storage withdrawals. Earlier this month, Wood-Mackenzie issued a report that flagged slowing supply growth as well as a moderate rebalancing of the global market.
Although the winter has passed, extreme temperatures and below-average stocks may be a prob...

 

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