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home / news releases / UGAZ - Natural Gas Demand Is Rising But Production Has Reached A Major Long-Term Peak


UGAZ - Natural Gas Demand Is Rising But Production Has Reached A Major Long-Term Peak

The Weather

Last week

Last week (ending December 6), the number of heating degree days (HDDs) jumped by 12.00% w-o-w (from 139 to 155), as weather conditions cooled down across the Lower-48 states. Cooling demand has plunged by about 45.0% and remains too weak to have a meaningful impact on natural gas consumption. Despite higher HDDs, we estimate that total energy demand (as measured in total degree days, or TDDs) was approximately 10.2% below last year's level and 4.8% below the norm.

This week

This week (ending December 13), the weather conditions are getting colder,

Read more ...

Stock Information

Company Name: Credit Suisse Nassau Branch ZC SP ETN REDEEM 09/02/2032 USD 50 - 22542D571
Stock Symbol: UGAZ
Market: NYSE

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