| 2021 | 2022 | |
|---|---|---|
| Consensus (median) | 3.2 | 3.2 |
| High | 4.2 | 3.3 |
| Low | 2.5 | 2.9 |
| Standard Deviation | 0.4 | 0.1 |
| Count of Estimates | 14 | 7 |
History
Forecast
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Global View
- World. Geographical
- Africa
- Asia
- Central America
- Eastern Europe
- Middle East
- North America
- South America (Latam)
- Western Europe
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Global View
My view on gas market in USA is moderate. After the late December freeze gas inventories significantly decreased below normal level (-18% below 5yr average level). But this effect is short-term and is to be compensated by strong growth in the rig count (+40% in 2017) as well as incremental takeaway in Marcellus (note - area of shale gas in the Eastern Region of USA). In Middle and Long term we might see bullish periods, however it is unlikely that natural gas will become a bullish commodity in general.