Numerous bearish factors conspire to squelch winter gas price spikes

摘要

The typical winter spikes in spot-gas prices are expected to be few and far between amid a host of bearish factors, including forecasts for mild weather, potentially record storage levels and continued strong production, analysts said. With weather demand expected to be lackluster and industrial demand still flagging, the industry is poised to surpass last year's storage levels, and some analysts believe injections will continue beyond the traditional November 1 start to the withdrawal season.