This report covers the week ending September 4, 2020.
Total Supply-Demand Overview
We estimate that the aggregate demand for U.S. natural gas (consumption + exports) totaled around 600 bcf (or 85.7 bcf/d) for the week ending September 4 (-5.9 bcf/d w-o-w (week over week) and -4.6 bcf/d y-o-y (year over year)). The deviation from the norm remained positive, but moderated quite noticeably from +12.9 bcf/d to +6.9 bcf/d.
We estimate that the aggregate supply of natural gas in the contiguous United States (production + imports) totaled around 656 bcf (or 93.7 bcf/d) for the week