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Mind the Gap: Widening Natural Gas Storage Deficits Create Urgent Summer Challenge — Listen Now to NGI’s Hub & Flow

Natural Gas Intelligence · last updated

Click here to join NGI’s managing director for North American natural gas pricing, Leticia Gonzales, and senior markets editor, Chris Newman, as they examine the market’s dramatic shift from storage, producers’ restraint despite higher prices, and the impact of rising LNG exports.

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After back-to-back warm winters, this year’s brutally cold showing has rapidly depleted Lower 48 natural gas inventories, flipping them from surplus to deficit and creating a challenging outlook for the upcoming injection season.

With storage now sitting below five-year averages and record LNG exports consuming more supply, the market faces a steeper climb to rebuild stocks amid caution by producers to bring on more supply. A hot summer could siphon gas away from injections to make the task harder.

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