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.