Algonquin Citygate Northeast Natural Gas Prices

Published: Jun 1, 2018
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Algonquin Citygate Description

Includes transactions to delivery points within the Algonquin system. Excludes gas deliveries into Algonquin from connecting pipelines, as that is a separate index.

Nymex July Soars Past $3 as June Heads for Hottest on Record

July natural gas was uncharacteristically active Friday as traders eyed increasingly hotter trends in the latest weather forecasts and the potential hotter temperatures may have on already below-normal storage inventories. The Nymex July gas futures contract settled 5.7 cents higher at $3.022. Read More

July Natural Gas Back in the Black Ahead of Storage Report; Spot Gas Mostly Lower

July natural gas futures strengthened Wednesday, climbing to $2.963, as slightly warmer trends in the latest weather models and expectations of a near to slightly below-average storage injection on Thursday lifted the market. Spot gas prices were mostly lower, but some areas did get some uplift as hotter near-term forecasts increased the number of cooling degree days on tap for the next 15 days. The NGI National Spot Gas Average stayed flat at $2.63. Read More

July Natural Gas Hits Resistance, Slips a Penny; Spot Gas Weakens Despite Heat

What started out as a promising sign of a move toward $3 for natural gas futures Tuesday morning eventually fizzled by midday, even as weather models maintained hotter trends for the coming weekend over the U.S. Midwest and East. The Nymex July contract settled at $2.939, down 1 cent on the day. Read More

Nymex, Spot Natural Gas Rally as Weather Outlooks Crank Up the Heat

July natural gas futures started the week with a 5.9-cent rally to $2.949 as hotter trends showed up in medium-range weather forecasts, with lingering heat risks seen extending into the long-range. Read More

Cooler Temperatures Ahead Leave Weekly Prices Lower; TCO Explosion Pressures Appalachia

It was a sluggish start to the week for natural gas and despite some late-week support from a pipeline explosion and a brief return of hot weather to key demand areas, prices ended the week in the red; the NGI Weekly National Spot Gas Average fell a penny to $2.58. Read More

Breaking Heat, Light Weekend Demand Send Nymex, Spot Gas Lower

July natural gas futures retreated ahead of the weekend as cooler trends showed up in overnight model runs and again in midday Friday runs. Spot gas prices also declined even as near-term ridging was expected to send temperatures in the eastern U.S. soaring well above normal, albeit very temporarily. The NGI National Spot Gas Average slid 10 cents to $2.51/MMBtu. Read More

Pipe Explosion, Heat and Sub-100 Bcf Storage Build Lift Nymex, Spot Natural Gas Prices

Nymex July natural gas prices found some support on Thursday as an early-morning pipeline explosion... Read More

Natural Gas Futures Fall As June Heat Expected to Wane; Spot Prices Mostly Lower

July natural gas prices fell more firmly into the red Tuesday as cooler weather on tap for the second half of June stole the spotlight from substantial storage deficits and lackluster production. Read More

Thoughts of Summer Heat Prop Up Natural Gas Futures as Weekly Spot Prices Climb

With the natural gas markets making the transition to summer after an unusually hot May, weekly spot prices strengthened across most regions for the week ended Friday, especially in the West; the NGI Weekly National Spot Gas Average gained 11 cents to $2.59/MMBtu.

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June Bidweek Prices Climb on Summer Heat; Supply Growth Still Feeding Natural Gas Bears

As the saying goes, April heating demand brings May cooling demand, or something to that effect. Read More