Click here to listen to the latest episode of NGI’s Hub & Flow, in which NGI Senior Markets Editor Kevin Dobbs interviews Paragon Global Markets LLC’s Steve Blair, managing director of institutional energy sales.

Blair addresses the state of production and supplies in storage, domestic weather and LNG demand, and sets the stage for the summer ahead in natural gas markets.

Blair notes that, while U.S. futures and cash prices are currently suppressed following a mild winter and record production during the heating season, natural gas output in recent weeks has come off record highs. Major producers such as Chesapeake Energy and EQT Corp. have publicly announced efforts to scale back production to align supply/demand. Forecasts, meanwhile, point to another hot summer in several regions. Longer term, LNG export facilities are poised to open on the Gulf Coast to meet growing global gas needs. Should demand rise in parallel with lower production, markets could rally. Blair and Dobbs delve into the details.

Believing that transparent markets empower businesses, economies and communities, NGI works to provide natural gas price transparency for the Americas. NGI’s Hub & Flow podcast is a part of that effort.