Analysts at the American investment bank Morgan Stanley said that the prices of futures contracts for natural gas in the United States may rise to 5 dollars or more per million thermal units if the winter season during the current year is less than usual, which leads to the depletion of the US stock of gas, according to what Published by “German”.
According to analysts of Morgan Stanley, including Devin MacDermott, if winter temperatures came within their average during the last ten years, the natural gas reserves of the United States would decline to 1.2 trillion cubic feet, or 35 percent less than the average during the last five years. 1.8 trillion cubic feet.
And Bloomberg News indicated that natural gas prices in the United States rose to 3.205 dollars per million thermal units for delivery next January.
The US production of gas has declined during the recent period as a result of the decline in gas exploration work due to lower energy prices in global markets earlier this year, while strong growth in gas demand is expected during the winter.
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