U.S. natural gas production is projected to increase a big 4% this winter, but lower-than-average storage along with an estimated 2% increase in demand will combine to place upward pressure on natural gas prices compared to last winter. So says the Natural Gas Supply Association (NGSA) in its 22nd annual Winter Outlook forecast of the wholesale winter natural gas market (an executive summary of the NGSA report is embedded below).
U.S. natural gas production is projected to increase a big 4% this winter, but lower-than-average storage along with an estimated 2% increase in demand will combine to place upward pressure on natural gas prices compared to last winter. So says the Natural Gas Supply Association (NGSA) in its 22nd annual Winter Outlook forecast of the wholesale winter natural gas market (an executive summary of the NGSA report is embedded below).