AGA on COVID-19
March 23, 2020
The American Gas Association offered this commentary on COVID-19 last week. “Right now, evidence of significant disruption in the US natural gas market remains limited. Production remains steady, and natural gas prices have traded in a low but relatively narrow range. Gas deliveries to end-users have yet to show a decline in weather-adjusted demand, according to analysis from S&P Global Platts. However, as people, businesses, and governments utilize social distancing to curb the spread of COVID-19, the potential for impacts to US natural gas demand could increase.”