UGAZF - Natural Gas Market Overview: Supply Is Down And So Is Demand
This report covers the week ending August 28, 2020.
Total Supply-Demand Overview
We estimate that the aggregate demand for U.S. natural gas (consumption + exports) totaled around 643 bcf (or 91.9 bcf/d) for the week ending August 28 (+1.6 bcf/d w-o-w (week over week) and +3.1 bcf/d y-o-y (year over year)). The deviation from the norm remained positive and increased from +10.1 bcf/d to +13.3 bcf/d.
We estimate that the aggregate supply of natural gas in the contiguous United States (production + imports) totaled around 650 bcf (or 92.9 bcf/d) for the week ending August