GAZB - Natural Gas Market Overview: Total Demand Is Projected To Grow Faster Than Total Supply
This report covers the week ending July 10, 2020.
Total Supply-Demand Overview
We estimate that the aggregate demand for U.S. natural gas (consumption + exports) totaled around 636 bcf (or 90.8 bcf/d) for the week ending July 10 (+3.8 bcf/d w-o-w (week over week) and mostly unchanged y-o-y (year over year)). The deviation from the norm remained positive and actually increased from +9.5 bcf/d to +12.7 bcf/d.
We estimate that the aggregate supply of natural gas in contiguous United States (production + imports) totaled around 661 bcf (or 94.4 bcf/d) for the week ending July