With Northern Cold and Elevated Exports, AGA Says U.S. Winter Natural Gas Demand, Prices to Jump

Demand for natural gas is expected to prove greater this winter than last, based on projections for colder temperatures in the northern United States and a higher overall level of heating degree days (HDD), analysts at the American Gas Association (AGA) said Tuesday.

At the same time, demand for U.S. exports – both via pipeline to Mexico and liquefied natural gas (LNG) shipments to Europe and Asia – are elevated this year and are expected to remain so through the winter. That adds pressure to the demand side of the equation, according to AGA’s forecast.

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