Natural Gas Climbs on Cold Winter Forecast

Natural Gas Climbs on Cold Winter Forecast

Assessment

Interactive Video

Business, Life Skills, Social Studies, Geography, Science

University

Hard

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The video discusses the winter heating season, highlighting adequate storage levels and a strong production cadence. It notes a demand-supply imbalance due to weather changes in the Northeast, causing a price increase. The oil market is analyzed, showing a decline in prices despite increased production in the US. The sustainability of production at current price levels is questioned.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected impact of a sustained cold snap on natural gas prices?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What production changes are anticipated in the US oil market for 2014?

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