UNL - Is Nat Gas Seasonality Changing?
2024-06-21 03:45:00 ET
Summary
- New uses for natural gas and more supply in the United States are creating higher demand from the global market throughout the year.
- A significant driver of summer demand is the increased use of natural gas for electricity generation.
- Market participants are managing risk as the natural gas market is transforming, with seasonality patterns becoming less predictable and more influenced by year-round factors.
By Bob Iaccino
At A Glance
- New uses for natural gas and more supply in the United States are creating higher demand from the global market throughout the year
- Henry Hub Natural Gas futures and options at CME Group rose to record levels in the early summer months