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Natural Gas Score Sheet:
These fundamental key indicators were considered when we created our latest natural gas price forecast.
| Key Indicator |
Outlook |
Impact on Prices |
Weather Forecasts:
USA / CAN |
Normal |
Neutral |
Underground Storage Reports:
USA / CAN |
Lower than last year |
Increase |
Electricity Demand Report:
USA |
Higher |
Increase |
| Oil Prices: |
Decreasing |
Decrease |
Drilling Activity Report:
Canadian Supply |
Average levels
lower
Productivity |
Neutral to Increase |
| Economy: |
Weakening |
Decrease |
| Long Term Trend: |
Neutral |
Neutral |
| Short Term Momentum: |
Trend reversed from Up
to Down July08 |
Decrease |
| NYMEX Sentiment: |
Positive |
Increase |
Supply/Demand Outlook Report:
Future Supply/Demand |
Tightening |
Increase |
Updated Aug 2008.
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