EIA Warns Global Natural Gas Market Could Tighten This Winter

The analysts at the federal U.S. Energy Information Administration (EIA) are cautioning (we'd call it warning) that the global natural gas market may experience a tighter supply-demand balance this winter than in the prior two winters. Why? Several reasons, chief among is the coming colder winter. El Niño changes to La Niña this season. La Niña generally brings colder, drier weather to the Northern Hemisphere. But weather isn't the only factor for EIA. So, too, is the lack of growth this winter in new LNG exports from the U.S.

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