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.
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.