ANR ML7 Midwest Natural Gas Prices

Daily Change
0.10
2.50%
Month/Month Change
n/a
n/a
Year/Year Change
0.15
3.80%
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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.

Widespread Gains Overwhelm Eastern Softness; October Inches Higher

Physical gas for Thursday delivery jumped in Wednesday's trading, with all but a few points in the East registering solid double-digit gains. Healthy advances were seen at western locations as well as California, but the Gulf, Midcontinent and Great Lakes were also winners. Read More

Northeast Unable to Counter Broad Weakness; October Rallies Late

It was a mixed day of trading Tuesday, but overall physical gas prices for Wednesday delivery trekked lower. Nearly all points were lower with the exception of New England and a few western locations. Read More

Strong Cash Able To Outpace Screen; October Gains 7 Cents

Gas for next-day delivery took its cue from a pipeline outage, a strong screen and an underlying firm power market in Monday's trading. Only a handful of points failed to score gains and most points advanced upwards of a dime. Read More

Firm Futures No Help for Crumbling Cash; October Adds More Than 3 Cents

With weather forecasts looking mild over the weekend, buyers on Friday stepped back and found little incentive to spring for a three-day deal when incremental volumes can be purchased easily with today's plethora of personal communications devices. Read More
EIAStorage0911

Weak Power Prices Drop Physical NatGas Values; Bearish Storage Data Tumbles Futures

Physical natural gas prices for Friday delivery fell hard in Thursday's trading as cascading power loads and prices along with a more mild temperature outlook gave buyers little incentive to seek incremental supplies. Read More
EIAStorage0911

October Drops A Dozen Following Plump Storage Stats

Natural gas futures tumbled following the release of government storage figures that were greater than what the market was expecting. Read More

Eastern Gains Overpowered by Wider Weakness; October Eases Ahead Of EIA Stats

Spot natural gas prices Wednesday for Thursday delivery were dragged down by soft pricing in the Midwest and Producing Zones that were tamed somewhat by strength in New England and the Mid-Atlantic. Read More

Bulls in Control on Forecasted Cold; October NatGas Adds 11 Cents

A broad and pervasive influx of cold Canadian air that is forecast to invade much of the country this week was enough to prompt double-digit gains in both natural gas physical and futures markets on Tuesday. Read More

Dying Natgas Bull Recovering? October Called A Penny Higher

October natural gas is set to open a penny higher Tuesday morning at $3.89 as traders balance near term forecasts not quite as cool as before, and study a somewhat changed technical picture. Overnight oil markets rose. Read More

Screen, Firm Power Tug Quotes Higher; October Adds 8 Cents

Next-day gas deliveries posted mostly solid gains Monday aided by a strong screen, supportive power loads and prices, and in the case of the West Coast, forecasts for above normal temperatures. Read More