ANR ML7 Midwest Natural Gas Prices

Daily Change
0.24
5.00%
Month/Month Change
1.19
30.70%
Year/Year Change
1.40
38.10%
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Region Location
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Daily, Weekly and Bidweek Prices are in U.S.$/MMBtu except for locations in the Canada section which are in Cdn$/GJ. For more information, please see NGI's Price Methodology.

Forward Prices are expressed in U.S.$/MMBtu and based on indicative data obtained from traders, exchanges and deals provided by energy companies. "Fixed Price" represent the forward prices of gas delivered for each reference period at the various locations/hubs. "Basis Price" represent the differential, for each reference period, between the Henry Hub and various locations/hubs. The Summer and Winter prices are simple averages of Apr-Oct (7 months) and Nov-Mar (5 months) respectively. "Bal Smr" and "Bal Wtr" prices represent simple averages of the remaining months in those seasonal strips (after at least one month has passed). For daily updates of these data in monthly bullets going out 5 years, contact sales at info@natgasintel.com.

ANR ML7 Description

Includes deliveries to all points within ANR's "Northern Area," which ANR formally defines as all points downstream of the Sandwich, IL and Defiance, OH Compressor Stations. The Northern Area is also referred to as ML7. This region includes points in Wisconsin, Northeast Illinois, Northwest Indiana along Lake Michigan, Michigan, Northeast Indiana, and Northwest Ohio. Our ML7 index excludes transactions at the Joliet Hub, since that is a separate index.
EIAStorage1114

NatGas Bulls Energized Following First EIA Storage Withdrawal Report

Natural gas futures surged following the release of government storage figures showing a higher withdrawal than what the market was anticipating. Read More

Free-Falling Northeast, Strong Midwest, Midcontinent Offset; Futures Up By Double Digits

Next-day natural gas overall inched lower in Wednesday's trading as multi-dollar drops in New England were able to offset broad gains seen across a wide expanse encompassing the Marcellus, Midwest, Midcontinent, Gulf, and California. Read More

Market Grappling With Early Cold, Low Inventories, Production Gains; NatGas Futures, Cash Both Drop

Despite blizzard-like conditions in and around the Great Lakes region, natural gas for Wednesday delivery took back some of the 68-cent gain posted in Monday's trading as hefty multi-dollar losses in New England and the Mid-Atlantic were able to overwhelm a pattern of albeit much more modest gains in the Marcellus, Gulf, Midwest, Midcontinent, and California. Read More

NatGas Bulls Mull Varying Weather Models; December Seen 7 Cents Lower

December natural gas is expected to open 7 cents lower Tuesday morning at $4.27 as traders are faced with varying weather model interpretations in the more distant time frames. Overnight oil markets fell. Read More

No Bear Left Unscathed; Cash and Futures Vault Higher

Physical gas for delivery Tuesday rocketed higher in Monday's trading as temperature forecasts of as much as 20 degrees below normal gripped major East Coast population centers. Read More
bidweekgraf1114

Cash, Futures On Opposite Pages In Weekly Trading; Cash Soars, Futures Plunge

Market points responded smartly to the arrival of Polar Vortex-driven cold for the week ended Nov. 14. The NGI Weekly Spot Gas Average added to the previous week's 27-cent gain with an additional 55 cents to $4.18. Not one single market point posted a loss, although one location, PG&E Citygates came in unchanged at $4.49. Most points added between 30 to 50 cents, but a few New England locations were up by close to $2. Read More
EIAStorage1113.png

New England Leads Overall Broad Decline; Futures Still Above $4.00

Gas for weekend and Monday delivery retreated on Friday, as steady weather conditions convinced traders that committing to three-day deals at elevated prices was less attractive than spot purchases using convenient electronic communications. Read More
EIAStorage1113.png

NatGas Futures Hangin' On Following Release of Larger-Than-Normal EIA Storage Stats

Natural gas futures managed to make it into positive territory following the release of government storage figures somewhat greater than what the market was anticipating. Read More

Bulls Hoping $4 Holds Ahead Of Storage Data; December NatGas Called A Penny Higher

December natural gas is expected to open a penny higher Friday morning at $3.99 as traders await storage figures expected to show the last increase in inventories for a while, and traders ponder whether the market can hold $4 support. Overnight oil markets rose after sinking to 4-year lows Thursday. Read More

Cash Quotes Hold Their Own, But Futures Take a Dive

Next-day gas was flat in Thursday's trading as gains of more than $2.00 at some New England points, along with solid advances in the Mid-Atlantic, were able to counter broad weakness in the Marcellus, Gulf, Midwest, Rockies and California. Read More