Blog

Get Market News

Get weekly email updates on market factors like supply, demand, and regulatory affairs. Subscribe now

Get Started with ENGIE

ENGIE Resources is ready to analyze your historical energy usage data and present appropriate options. Get started now

Become a Broker or Consultant

Complete our Brokers & Consultants Inquiry Form. Learn more

Bears Rule Gas Basis Markets

July 27, 2020

Bears Rule Gas

In last week’s At The Market report from The Schork Report on behalf of ENGIE, there was bearish consensus on natural gas markets. The probabilistic analysis on six major natural gas points was bearish with accelerating trends for each market. One contributing factor is the level of natural gas inventory according to EIA. The refill season is 50% complete, but the market has replaced 70% of the gas delivered last winter. 

To receive At The Market on a regular basis, talk to your ENGIE business development contact.