27 Mar 2018 – “The gas market saw a jolt at the end of December and in early January due to extremely cold temperatures across much of the U.S.” says energy writer Nick Cunningham. “This winter was about 13 percent colder than last year, which pushed up residential and commercial gas demand by 3.5 billion cubic feet per day (Bcf/d), according to Barclays.”
Even though “2018 is shaping up to be a record year for new gas output,” Cunningham suggests that “ultimately, prices will have to go up ahead of next winter in order to adequately replenish gas inventories.”
Why Natural Gas Prices Will Rise This Summer
https://oilprice.com/Energy/Gas-Prices/Why-Natural-Gas-Prices-Will-Rise-This-Summer.html
Thanks to Jack Hydrazine for this link
The post Natural Gas Prices Forecast To Rise This Summer appeared first on Ice Age Now.
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March 29, 2018 at 04:52PM
Iowa Climate Science Education 