North American exposure to global gas markets trumps ample storage inventory at home

North American exposure to global gas markets trumps ample storage inventory at home

Natural gas storage inventories in the US have crept within 5% of the five-year average and Canada is pushing even higher as the injection season winds down. However, key hubs throughout the US and Canada are reporting prices not maintained since the dawn of the shale revolution due to North America's newfound exposure to global gas market forces. If the US and Canada experience a colder-than-normal winter, and drops inventories below 1 Tcf, pricing analysts expect the benchmark Henry Hub to crack $10/MMBtu, with others across the continent following suit.

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Episoder(652)

African swine fever: Spain's pork sector faces trade and animal feed challenges

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El Niño and agriculture: Shrimp markets face uncertainty over crop quality, feed prices

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22 Sep 20min

Why food inflation is no longer just about supply and demand

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El Nino and agriculture: How are Asian rice markets navigating the weather risks?

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The National Oceanic and Atmospheric Administration has forecast high chances of El Nino developing in 2026, potentially disrupting weather patterns worldwide. Renewed weather volatility driven by a s...

24 Jul 22min

Asian LNG under pressure: what comes next for prices amid the Middle East conflict?

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20 Jul 15min

From Hormuz to Gulf ports: tracing a logistics shock through the poultry trade

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14 Jul 17min

India's carbon market: from design to implementation

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13 Jul 18min

India's corporate renewable sourcing: Are IRECs losing ground to VPPAs amid growing demand?

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17 Jun 16min

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