North American Gas Storage

North American gas storage involves holding natural gas in underground facilities, such as depleted oil reservoirs, salt caverns, or aquifers, to manage supply and demand. These storage sites allow producers and utilities to release gas during high-demand periods, like winter, and store excess gas when demand is low. This balancing act helps ensure a reliable supply, stabilize prices, and respond quickly to market needs or unexpected disruptions. Essentially, gas storage acts as a safety buffer, supporting the efficient and dependable functioning of the natural gas market across North America.