1 / 13

Winter Outlook Heating season 2008-2009

Winter Outlook Heating season 2008-2009. Natural gas at low end of rising commodity tide Commodity price changes since January 2007. Coal Crude Oil Soybeans Wheat Corn Copper Gold Natural Gas Silver. Source: CME Group, A CME / Chicago Board of Trade Company.

sibyl
Download Presentation

Winter Outlook Heating season 2008-2009

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. WinterOutlook Heating season 2008-2009

  2. Natural gas at low end of rising commodity tide Commodity price changes since January 2007 Coal Crude Oil Soybeans Wheat Corn Copper Gold Natural Gas Silver Source: CME Group, A CME / Chicago Board of Trade Company

  3. Winter outlook: Outline How did we do last winter? Winter 2008-2009 Market pressure points Winter weather Other market factors Forecast Conclusions

  4. Last year’s projection: How did we score?

  5. Market Pressure Points 2008-2009

  6. Weather demand: Winter seasonData source: NOAA, EVA

  7. Economy/Demand

  8. Overall gas demand

  9. Storage/Supply

  10. Production/Supply

  11. Active hurricane season: 3 – 6 major hurricanes predicted 3 thus far Global commodity prices Geopolitics and world events Winter outlook: Other market factors

  12. This season’s winter outlook

  13. Producers responding to market signals by investing billions and adding significant domestic supply Storage levels – early concerns dispelled Evolving energy debate Natural gas outlook: Takeaways

More Related