Platt’s put out a good infographic on the potential bull market for 2017. Factors that could change these predictions:
- Donald Trump coming into office – Trump is very pro oil & gas, which could lead to more supply coming into the market
- LNG – Exporting LNG will increase in 2017, but how much it will increase will ultimately be determined by the global market.
- Weather -It’s the variable that nobody can predict with 100% predictability. If we have a warmer than normal winter then natural gas storage withdrawals will potentially have supply coming into Spring. Which could put downward pressure on pricing.
The link to the Platt’s infographic: infographic__the_case_for_a_bullish_us_gas_market_in_2017
We hope you have a Merry Christmas and a Happy New Year!