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The Gas Storage market is an important part of the natural gas industry. It involves the storage of natural gas in underground reservoirs, salt caverns, and other facilities. This allows for the supply of natural gas to be managed and regulated, ensuring that there is a steady supply of natural gas available to meet demand. Gas storage also helps to reduce the risk of price volatility, as it allows for the storage of natural gas during periods of low demand and the release of natural gas during periods of high demand.
Gas storage is used by a variety of companies, including utilities, producers, marketers, and traders. Utilities use gas storage to ensure that they have a reliable supply of natural gas to meet customer demand. Producers use gas storage to manage their production and to store natural gas for future sale. Marketers and traders use gas storage to manage their portfolios and to take advantage of price fluctuations.
Some of the companies in the Gas Storage market include Enbridge, Kinder Morgan, Dominion Energy, and Sempra Energy. Show Less Read more