GAZB - Natural Gas Market Overview: Our Latest End-Of-Withdraw-Season Storage Forecast
This report covers the week ending August 14, 2020.
Total Supply-Demand Overview
We estimate that the aggregate demand for U.S. natural gas (consumption + exports) totaled around 643 bcf (or 91.8 bcf/d) for the week ending August 14 (+4.0 bcf/d w-o-w (week over week) and +0.1 bcf/d y-o-y (year over year)). The deviation from the norm remained positive and increased from +6.2 bcf/d to +11.1 bcf/d.
We estimate that the aggregate supply of natural gas in the contiguous United States (production + imports) totaled around 669 bcf (or 95.5 bcf/d) for the week ending August