Gas Storage Outlooks Wide, But Better Market Lands on High Side

摘要

While it's early in the refill season, predictions for end-of-October storage levels are unusually wide, with analysts more than 400 billion cubic feet apart when modeling on the same data. For instance, FirstEnergy analyst Martin King sees a possible 3,830 Bcf entering winter based on a 5.3 Bcf/d tighter market balance than in 2015. That's due, he said, to a possible fall in US wellhead supply between 0.4 Bcf/d and 1 Bcf/d and expectations for strong cooling loads this summer. But analyst Kyle Cooper, owner of IAF Advisors, drew different conclusions based on the same fundamental data, seeing a 4,250 Bcf finale.