Storage gluttony

Published at 20:48 21 Nov 2019 by

SupplyEven at our Cal-20 price forecast of $2.15/mmbtu, producers are likely to keep turning rigs to the right as long as they can cover variable costs. An Appalachian producer selling at a local hub would have no incentive to grow production considering current prices. However, shut-in economics ma…

Log in to download

Other North America publications

Rig report

Published 2 days ago

No cover
Within this report you will be able to review the latest figures published by Baker Hughes by gas..

Read more

Cold, but no cigar

Published 3 days ago

2019-12-05 Natural Gas - North America - Cold, but no cigar cover
Today’s report (week ended 29 Nov): EIA: -19 bcf, EA: -12 bcfAlthough today’s EIA print was in li..

Read more

Shut-in risk exists for Q1 20

Published 4 days ago

2019-12-04 Natural Gas - North America - Shut-in risk exists for Q1 20 cover
We expect global gas prices to marginally soften into year-end, but there is further downside ris..

Read more

Lower 48 gas storage

Published 5 days ago

2019-12-03 Natural Gas - North America - Lower 48 gas storage cover
This report includes our forecast for the next two EIA Weekly Natural Gas Storage Reports. We als..

Read more

Happy Thanksgiving

Published 1 week ago

2019-11-27 Natural Gas - North America - Happy Thanksgiving cover
This week's North America Panorama is abridged due to the Thanksgiving holiday.Today’s report (we..

Read more