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Natural Gas Market Update. Interstate Municipal Gas Agency Annual Meeting April 12, 2011 Posey Saenz [email protected]. Bearish & Bullish Factors. Bearish Production Storage Lower Anticipated Summer Demand. Bullish Effects of Japanese Tragedy Tropical Activity - PowerPoint PPT Presentation
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Natural GasMarket Update
Interstate Municipal Gas AgencyAnnual MeetingApril 12, 2011
Posey [email protected]
Bearish & Bullish Factors
Bearish Production Storage Lower Anticipated
Summer Demand
Bullish Effects of Japanese
Tragedy Tropical Activity Macroeconomic
Factors
Bearish Factor: Supply
Source: Gelber & Associates
Bearish Factor: Storage
Source: Bentek
Bearish Factor: Lower Summer Demand
Source: Bentek
Bullish Factors: Effects of Japanese Tragedy on US Nukes
Source: Bentek
Bullish Factor: Tropical Activity
Source: AccuWeather
2011 Expected Number 2010 Season
Average Number
Tropical Storms 15 19 10
Hurricanes 8 12 6
Major Hurricanes 3 5 2
Bullish Factor: Tropical Activity
Source: AccuWeather
Bullish Factor: Macroeconomic Indicators
Source: Bentek
Historical Price Cycle
Source: Gelber & Associates
Will We Fill The Gap?
