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...