OGJ Newsletter

Market MovementUS natural gas prices likely to improveLike the beginning of 2000, a record warm winter has clouded the market's view of the underlying natural gas supply and demand fundamentals, said analyst J. Marshall Adkins of Raymond James & Associates Inc."It has only been recently with the emergence of more 'normal' weather over the past 4 weeks that the market has been able to see the true year-over-year changes in US natural gas supply and demand," Adkins said, citing a significant reduction in the gas storage overhang (see table). Click here to enlarge imageFor months, the RJA natural gas supply-demand model has shown that winter-ending storage above 1.5 tcf could po...

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