The calendar is moving closer to summer, but the Northeast gas market has still not quite shaken the shoulder season. Demand within the region was 15.9 Bcf/d during the week ended May 26 which is 0.6 Bcf/d lower than the prior week. Most of the decline came from a 0.4 Bcf/d drop in gas-for-power demand, but Res/Comm demand also fell by 0.1 Bcf/d as did industrial demand. Net outflows from the Northeast to other regions ticked up by only 0.1 Bcf/d relative to the previous week.
Featured Articles
- Analyst Insight
Northeast Gas Demand Started New Year with a Bang
Natural gas demand was high over the New Year in the Northeast, but has since fallen and is expected to be low through the weekend.
- Analyst Insight
In-Region Northeast Gas Demand Flat, but LNG Feedgas Returns
LNG feedgas from Cove Point returned on Sunday, but aside from that gas demand in the Northeast for the week ended October 14 was flat to the prior week.
- Analyst Insight
Negative Permian Gas Price Persists, but Change is on the Horizon
The price of natural gas remains negative at Waha. But movement in the forward curve suggests that the market is looking to a brighter future in the second half of the year.
