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Natural Gas Market Update Interstate Municipal Gas Agency Annual Meeting April 12, 2011 Posey Saenz [email protected]
11

Natural Gas Market Update

Feb 20, 2016

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Natural Gas Market Update. Interstate Municipal Gas Agency Annual Meeting April 12, 2011 Posey Saenz [email protected]. Bearish & Bullish Factors. Bearish Production Storage Lower Anticipated Summer Demand. Bullish Effects of Japanese Tragedy Tropical Activity - PowerPoint PPT Presentation
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Page 1: Natural Gas Market Update

Natural GasMarket Update

Interstate Municipal Gas AgencyAnnual MeetingApril 12, 2011

Posey [email protected]

Page 2: Natural Gas Market Update

Bearish & Bullish Factors

Bearish Production Storage Lower Anticipated

Summer Demand

Bullish Effects of Japanese

Tragedy Tropical Activity Macroeconomic

Factors

Page 3: Natural Gas Market Update

Bearish Factor: Supply

Source: Gelber & Associates

Page 4: Natural Gas Market Update

Bearish Factor: Storage

Source: Bentek

Page 5: Natural Gas Market Update

Bearish Factor: Lower Summer Demand

Source: Bentek

Page 6: Natural Gas Market Update

Bullish Factors: Effects of Japanese Tragedy on US Nukes

Source: Bentek

Page 7: Natural Gas Market Update

Bullish Factor: Tropical Activity

Source: AccuWeather

2011 Expected Number 2010 Season

Average Number

Tropical Storms 15 19 10

Hurricanes 8 12 6

Major Hurricanes 3 5 2

Page 8: Natural Gas Market Update

Bullish Factor: Tropical Activity

Source: AccuWeather

Page 9: Natural Gas Market Update

Bullish Factor: Macroeconomic Indicators

Source: Bentek

Page 10: Natural Gas Market Update

Historical Price Cycle

Source: Gelber & Associates

Page 11: Natural Gas Market Update

Will We Fill The Gap?