Is US Gas Market Heading for Price Meltdown?

摘要

North American gas producers face the prospect of an autumn price collapse if bearish fundamentals continue to gain traction.US dry gas production remains stubbornly elevated at nearly 90 billion cubic feet per day (the equivalent of 930 billion cubic meters per year),just 0.6 Bcf/d shy of last year's levels,despite predictions of a dramatic pullback this summer.That is raising concerns among producers that the market will enter winter with a price-killing glut of supply.