Gas Storage Under Fern (Winter Storm) Pressure
Assessing $5/MMBtu Price, 600 Bcf Storage Draws, & Grid Resilience Post-Uri
It’s this time of the week. While many of you are preparing to receive Fern, the comparisons with Uri are inevitable, so this post will cover the impact of this year storm on storage levels, valuation scenarios, and how weather models influence price dynamics. Let’s do a deep dive right into it, yès or yés?
Context
Winter Storm Fern is impacting Texas and…