Gas glut mirrors the problems facing oil markets

Natural gas prices have fallen to their lowest levels in three years, plummeting by more than 10% on Oct. 26. The balance of natural gas supply and demand typically goes through seasonal fluctuations, with inventories building during the summer months in North America as surplus production is divert...

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Veröffentlicht in:	Pipeline & Gas Journal 2015-12, Vol.242 (12), p.36-36
1. Verfasser:	Cunningham, Nick
Format:	Magazinearticle
Sprache:	eng
Schlagworte:	Balancing Drilling Gas pipelines Gasoline prices Inventories Inventory Liquefied natural gas Natural gas Natural gas prices Petroleum pipelines Production capacity Stockpiling Summer Supply & demand Supply and demand
Online-Zugang:	Volltext
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Zusammenfassung:	Natural gas prices have fallen to their lowest levels in three years, plummeting by more than 10% on Oct. 26. The balance of natural gas supply and demand typically goes through seasonal fluctuations, with inventories building during the summer months in North America as surplus production is diverted into storage. Then, in winter months, consumers draw down on natural gas inventories as heating demand spikes.
ISSN:	0032-0188