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Current Natural Gas Fundamentals
Demand for natural gas continues to run approximately 5-6 BCF/per day higher than last year. Lower prices have encouraged a great deal of new demand for power generation, as natural gas is able to undercut coal. This is the face of continued low coal prices. Coal supplies remain plentiful, though the past hot summer we predicted certainly cut into the record high stock piles at many utilities.
A daily snapshot of everything from market open to close.