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Markets & Forecasts

Price volatility to persist in the US Pacific Region

Gas prices will remain volatile in the PR even during the injection season, with the Northwest Sumas hub having already seen a high of $200/MMBtu in early March Gas prices will remain volatile in the PR even during the injection season, with the Northwest Sumas hub having already seen a high of $200/MMBtu in early March.
By Abhishek Kumar 7 March 2019 Americas / Global Markets 0 34016
The PG&E logo above a trading post at the New York stock exchange. (PA)

Directional impact on forecast:
Bullish for gas prices in the US Pacific Region

Spot gas prices in the Pacific Region (PR) of the United States have seen some of the most volatile price movements in the country so far during the 2018-2019 withdrawal season. The region includes the states of Washington, Oregon and California.

More importantly, selected spot prices in the region are set to remain volatile even during the 2019 injection season. A number of factors will drive this volatility over the coming...