# Here's Why Analysts Are Bullish on Gas Despite New Year Jitters - Bloomberg

> U.S. natural gas demand from power plants has surpassed coal for the first time, and exports are surging. Analysts say a years-long shale-driven glut has been erased.

- Date: 2017-01-04 · published 2017-01-04T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/11909-here-s-why-analysts-are-bullish-on-gas-despite-new-year-jitters-bloomberg
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Stronger power-sector and export demand tightens the balance, supporting prices if winter is cold.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2017-01-04/first-day-jitters-don-t-faze-gas-bulls-predicting-2017-upswing

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.