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Market Insight

North American Gas Markets Stagnate Despite Heat Wave

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Published:
Tue, Aug 1, 2023
Author
Mark Davidson, Washington
Editor
Jaime Concha
Thermometer,Heat,Electricity,Summer
Win Nondakowit/Dreamstime

The most intense heat wave in years kept US natural gas demand near record highs last week but failed to ignite futures prices, which remain stuck in the mid-$2 per million Btu range.

Topics:
Gas Prices, Gas Spot Markets, Gas Supply, Gas Inventories, Gas Pipelines, Gas Demand, Gas Futures and Derivatives
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