Weak demand for heating has raised the prospect that underground storage facilities will bulge with record stocks by the end of winter. Bentek Energy, a market analysis group, last week warned that some swollen storage facilities might be forced to let out gas to maintain operational integrity, causing “extreme downward pressure on prices in March”.I don't know what it means to "let gas out to maintain operational integrity" but it sounds like both a bad idea and a big opportunity -- environmentally, economically, technologically and politically. A reader points to this link on the basics of storage.
Even a hot summer that would force electric power plants to burn more gas may not keep inventories from straining proved storage capacity of 4.1tn cu ft when the gas “injection season” ends in October or November.
Drillers have endured low prices, pushing output above 60bn cu ft per day, because many wells also pump higher-value liquids and petroleum. “It’s like a guy mining for silver and he keeps running into gold,” said Vikas Dwivedi, energy analyst at Macquarie.