UNL - Natural Gas Weekly: Total Demand To Peak On March 7
This report covers the week ending March 1, 2019. Daily data for February 23 to February 28 is estimated. Daily data for March 1 is forecast.
Total Supply/Demand Balance
We estimate that aggregate demand for American natural gas (consumption + exports) will total around 829 bcf for the week ending March 1 (down 4.0% w-o-w, but up 23.0% y-o-y). The deviation from the norm should remain positive but decline from +27% to +20% (see the chart below).
This week, the weather conditions have warmed up across the country - but particularly in the Southeast and