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NATURAL GAS WEEK

Independent analysis and insights on the North American gas market

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  • Fundamentals like weather, storage and power demand all tend to drive the US natural gas market. But none of those factors begin to explain the recent explosion toward the $6/MMBtu mark. So what’s behind it? It appears speculators reminiscent of the pre-shale era have re-emerged, chasing “phantom” fundamentals to keep prices aloft. Whether this lasts into winter one can only speculate.
MARK DAVIDSON is the Editor of Natural Gas Week and the Washington Bureau Chief for Energy Intelligence. Mark directs day-to-day coverage of all aspects of the domestic gas industry as well as federal energy policy in Washington.
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