Nuclear outages bolster gas price outlook

Problems with nuclear power plants are proving to be a wild card in the outlook for North American natural gas markets.That trend echoes a wild card in oil markets within the past year, at the time adding another bullish factor to an oil market already overloaded with them.Nuclear power plants in Japan in the past year developed cracks and possible leaks in reactors. The resulting string of shutdowns has added as much as 300,000 b/d to Asian oil demand at times in the interim, as utilities switched to residual fuel oil to meet power demand needs in Japan.US reactor woesUS natural gas futures prices logged their biggest 1-day jump in 3 months May 5 on the heels of a report by the Nuclear R...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected