Last winter saw larger-than-average U.S. natural gas withdrawals from storage

Significantly colder-than-normal temperatures in the Lower 48 states in late January through mid-February resulted in increased heating demand for natural gas in the United States, despite an otherwise warmer-than-normal winter. As a result, the winter had larger-than-average winter natural gas withdrawals. Before the cold snap, winter temperatures had been relatively mild, but a combination of increased heating demand, record liquefied natural gas (LNG) and pipeline exports, and decreased natural gas production contributed to the withdrawal activity during February. Read more Last winter saw larger-than-average U.S. natural gas withdrawals from storage

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Source: CTRM Center

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