Must-know: Natural gas storage in the U.S.

Natural gasNatural gas is a clean-burning energy fuel used for heating, cooking, and electricity generation. In the U.S., it’s primarily used as a source for electricity generation. Natural gas competes with coal, which is also another major source of electricity generation.Natural gas storageNatural gas can be stored for an indefinite period of time for later consumption. In the U.S, natural gas is usually stored during periods of low demand or in the summer months. It’s withdrawn from storage during peak demand or in the winter months. The long-term demand for storage services in the U.S. is driven primarily by the long-term demand for natural gas and the overall lack of balance between the supply of and demand for natural gas on a seasonal, monthly, and daily basis. In general, as the overall demand for natural increases demand for natural gas storage services would also grow.

via Must-know: An overview of Crestwood Equity's natural gas storage services » Market Realist.

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