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Snapshot Video

US gas market looks to winter after slack summer storage injections

August 25, 2016 (3:02)

Various factors led to consistently below-average US gas storage injections this summer, which promoted a rally in futures prices but leaves questions about the changing seasons.


News Headlines

Anchorage, Alaska (Platts)--26 Aug 2016 417 pm EDT/2017 GMT
Cost estimates for the Alaska LNG Project have been shaved 20% or more, but the project is still not economic, its managers told state legislators in hearings that ended late Thursday.
London (Platts)--26 Aug 2016 941 am EDT/1341 GMT
Dutch TTF day-ahead gas prices edged higher Friday morning because temperatures are expected to fall, while German prices were mixed as GASPOOL's discount to the NCG widened.
More Headlines

Feature: Global Gas Update

August 01, 2016
High regional gas prices in South America, most notably Argentina, are attracting US exports of domestically produced LNG, with more than 70% of landed cargoes arriving on the continent so far this year, according to new data compiled by Platts Analytics' Eclipse Energy.
Also in this feature
South Africa's Karoo shale disappointing
There may not be as much in Africa’s shale gas treasure chest as everyone thought and it looks likely to prove expensive to extract what there is.
Japan's LNG import price to average $6.60/MMBtu CIF for Jul-Dec, $7.40/MMBtu in 2017: IEEJ
Japan's LNG import price over July-December is expected to average $6.60/MMBtu CIF and will likely rise to $7.40/MMBtu for calendar year 2017 on the back of higher crude oil prices, the Institute of Energy Economics, Japan said.


The Barrel Blog

July 28, 2016
The expanded Panama Canal will allow US LNG producers to deliver their cargoes to select destinations in South America and Asia faster and cheaper.
July 26, 2016
It's business as usual from the EU side on energy issues. Fears that the UK might miss out on EU funding for energy projects are so far unfounded.
July 19, 2016
Russia finds itself once again in a row with one of its neighbors over gas prices — a constant theme since the early 2000s — triggering renewed fears that Moscow is again using energy as a weapon to put pressure on its customers.
All Blogs

Price Focus

Spot natural gas prices throughout the Northeast have remained relatively low this winter as continued unseasonably mild weather has depressed regional gas demand. Prices have remained well below the double-digit dollar highs set during the prior two winters.




Podcasts

South China Sea ruling keeps oil, commodities trade on tenterhooks
July 22, 2016
- The areas being claimed by China are believed to be rich in oil and gas resources, and the South China Sea itself is a crucial transit route for various commodities going to key markets like Japan and South Korea.
Ineos director Tom Crotty on the group's petrochemical operations post-Brexit
July 05, 2016
- Listen to Ineos director Tom Crotty discuss the state of the group's UK operations at present and going forwards in the aftermath of Brexit.
Neighborhood watch: Venezuela and oil in the Americas
May 09, 2016
- The state of the oil industry in Venezuela is having effects on the market in other parts of the 'neighborhood' -- like the US, Caribbean and Central America.
All Podcasts


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North American Natural Gas Markets methodology

Published February 2016

Platts' methodology for assessing North American gas markets has developed over a number of years and draws on our experience in the global energy markets. Platts sets great importance on producing independent reports and assessments.






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