Winter Storm Fern

This year will be a tale of two halves for the Permian. Natural gas production and pricing figure to remain fairly stable until the back half of this year, when more than 5 Bcf/d of new pipeline capacity comes online, giving the basin room to grow for the first time in a long time.

The gas market was roiled this week by the severe winter weather set to sweep across the country. Today, we discuss the market’s jump in advance of Winter Storm Fern’s arrival and whether its effects will rival the tremendous dislocations caused by Uri.