Source: NGSA (click for larger version)
U.S. natural gas demand will remain at record high levels this summer, driven by power market consumption and exports, but prices will decline from last year due to a production increase and higher storage levels, according to the annual Summer Outlook report published yesterday by the Natural Gas Supply Association (NGSA). According to NGSA, "summer" is defined as April through October, the industry’s traditional cooling season.
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