Energy Insider Blog

Short Term Outlook on Natural Gas Prices

Posted by Alberto Rios on Jul 25, 2012 3:53:00 PM


Expert Energy Insights, Energy Insider, Webinar, Acclaim Energy AdvisorsVideo Outlook: July 25, 2012

The combination of extreme heat around the country and nuclear outages has boosted demand for natural gas in recent weeks. We expect the inventory surplus will continue to narrow throughout the summer due to weekly underperforming injections.   

Forecasts calling for above normal temperatures in consuming regions are supportive of prices; however, demand for natural gas might decrease as some utilities are likely to switch back to coal for power generation since economics favor coal at current price levels. Therefore, we have a neutral short term outlook on prices.

Please watch the video below for more expert energy insights from your energy advisor. 

Topics: Acclaim Energy Advisors, energy management consulting, Webinar, Energy Solutions


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