WSI Forecasts 5.4 Percent Lower Natural Gas Demand

Bloomberg reported that according to WSI, consumption of natural gas for heating in the first quarter is the lowest since 2006.

As quoted in the market news:

Heating demand is expected to be 5.4 percent lower than a year earlier, even as below-normal temperatures blanket most of the northern and western U.S., Todd Crawford, WSI’s chief meteorologist, said in a statement.

Click here to read the full Bloomberg report.