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LNG Journal reports that US marketed natural gas production is forecast to decline for the first time since 2005. It also says rising domestic consumption, higher LNG exports and pipeline deliveries to Mexico will push the Henry Hub benchmark higher.
A forecast production decline combined with rising demand supports Henry Hub prices and raises energy input costs.
lngjournal.comJohn McKayNov 9, 2016After 74 past bullish report events, NATGAS moved a median +1.3% over 5 sessions (55% higher; middle half -4.0% to +11.3%), and +2.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
