The Future of Natural Gas and LNG Keeps Getting Brighter
As we move into the last month of the year with holidays on the horizon, we have a shorter list of articles than normal to help ease into the holidays, but don’t worry it is still chock-full of incredible insight into the natural gas and LNG markets from our energy experts.
In this edition of our newsletter we cover expectations for gas demand this winter given higher than usual gas in storage and expected warmer weather, analysis of Mexico’s current and future relationship with the United States in terms of natural gas imports, discussion of various natural gas and LNG markets around the globe, and last but certainly not least, a recap of our tremendously successful annual gas and user conference that took place last month.
Join our mailing list today and receive updates directly from RBAC. Not only will you receive this newsletter in your inbox, but also those who sign up on our website will also receive articles a week in advance and other important communications from the team here at RBAC.
Quick Brief – Winter Expectations for North American Natural Gas
The EIA has just released an updated weekly natural gas storage report and notes that there is far more gas in storage compared to this time last year and even the 5-year average. There is currently a cumulative 3,836 bcf of gas in storage, primarily within the Midwest and South Central regions. This is 341 bcf higher than the previous year and 303 bcf more than the average of the last 5 years
Winter is always a time of peak demand due to heating requirements. However, the outlook for this particular Winter is that it will be warmer than usual particularly as you move north across the United States.
While the weather certainly remains a wildcard and can change quickly, currently we are not expecting a severe winter like in February of 2021. If the weather forecast is in line with the real temperatures once the winter months begin, then we should have plenty of gas in storage to meet demand peaks and prices should remain relatively stable as well.
With GPCM® Market Simulator for North American Gas and LNG™ one can see annual prices forecast and adjust factors such as supply and demand due to events such as mild or severe winters and and see how the market would be affected.
Articles and Media
Gain insight into natural gas and LNG markets across the globe with analysis and commentary from our energy industry experts..
Is Mexico Over Reliant on U.S. Natural Gas?
“As we have seen in other parts of the world where one country becomes almost entirely reliant on another for energy, which can result in disaster if the supply is suddenly cut off. This brings us to the question, has Mexico become over reliant on natural gas imports from the United States?”
Insights from China on LNG, Natural Gas and the Global Energy Security Crisis
RBAC’s Founder and CEO, Robert Brooks Ph.D, again joins Stuart Turley and Energy News Beat to discuss global LNG and natural gas markets, with a focus on Dr. Brooks takeaways from his recent trip to China for the China Energy Summit & Exhibition
Watch here: Dr. Robert Brooks – Insights from China on LNG, natural gas and the global energy security crisis. – YouTube
2023 RBAC Annual Gas & User Conference Recap
“Everyone was happy to see colleagues and energy industry leaders from across the natural gas and LNG industry as well as some new faces who were attending our conference for the first time and were eager to learn the ins and outs of RBAC’s natural gas market simulation tools.”
Read “2023 User Conference Recap“
Essential Reading
Taken from the trove of the writings from our energy experts. Here read technical insights and far-sighted analysis relevant through the lens of today’s energy.
Could Mexican Natural Gas Infrastructure have prevented the disastrous impacts of Winter Storm Uri?
“By using natural gas market simulation software, we can perform scenario analysis against historical results and see the quantitative impact of additional Mexican infrastructure.”
Food For Thought
Read some of our engaging commentary on social media and join us in the conversation.
Credits for Natural Gas Vehicles in the Golden State
“The term “alternative fuel” means compressed natural gas, liquefied natural gas, liquefied petroleum gas, hydrogen, and any liquid at least 85 percent of the volume of which consists of methanol.”
RBAC, Inc. is the market leading supplier of global and regional gas and LNG market simulation systems. The GPCM® Market Simulator for North American Gas and LNG™ is the most widely used gas market simulation system in North America. RBAC’s G2M2® Market Simulator for Global Gas and LNG™ is designed for forecasting gas and LNG production, transportation, storage, and deliveries across the global gas markets. These systems provide industry analysts powerful tools for supporting corporate investment and M&A strategy, achieving environmental and sustainability goals, risk analysis and trading.
© 2023 RBAC, Inc. All rights reserved. GPCM and G2M2 are registered trademarks owned by RT7K, LLC and are used with its permission.
