Surprise Natural Gas Drawdown Signals Higher Prices Ahead
Green Car Congress
AUGUST 9, 2016
The US electric power sector burned through a record amount of natural gas in recent weeks, a sign of the shifting power generation mix and also a signal that natural gas supplies could get tighter than many analysts had previously expected. The reduction of 6 billion cubic feet (Bcf) was the first summertime drawdown since 2006.
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