ANR ML7 Midwest Natural Gas Prices

Daily Change
-0.05
-1.10%
Month/Month Change
0.95
26.20%
Year/Year Change
0.53
13.10%
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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.

Anticipated Storage Report Doozy Vaults December Natural Gas Futures Higher on Expiration

With traders hustling and bustling to get business done before heading to their Thanksgiving holiday destinations, physical natural gas traded on Tuesday for Wednesday through Sunday delivery was a mixed bag. Northeast and Mid-Atlantic points were up on Wednesday's Nor'easter; West Coast locations were down on slumping demand, and everything else fell on either side of unchanged. Read More

Whether There is Weather? Most NatGas Cash Points, Futures Retreat on Mild December Forecasts

Entering the Thanksgiving Holiday-shortened trading week, natural gas traders in the Northeast and Mid-Atlantic enjoyed a brief respite from the recent chill as temperatures reached into the 70s in some places, all while prepping for a potential Nor'easter later in week. As a result nearly all physical delivery points softened for Tuesday delivery, except for the northern half of the East Coast, where prices firmed ahead of the winter storm. Read More
bidweekgraf1121

Heating Season On Third Weekly Gain; Volatile Trading Expected To Continue

The newly minted heating season is off to a robust start and weekly gains in the NGI Weekly Spot Gas Average are on a three week roll. For the week ended Nov. 21 the NGI Weekly Spot Gas Average added a hefty 31 cents to bring the average to $4.49. This is on the heels of the two prior week's additions of 27 cents and 55 cents, respectively. Read More

Futures, Cash Try BASE Jumping to Multi-Digit Declines; December Drops 22 Cents

Traders attempting to make decisions on purchases of weekend and Monday gas had a pretty easy time on Friday as both an imploding screen and weekend weather forecasts signaled little problem in procuring ample supplies at low prices. Read More

Note to Subscribers

EIAStorage1114

Physical Natural Gas Prices Scrambled, Yet Futures Hitch A Ride Higher

Next-day gas prices were widely mixed in Thursday's trading as gains in the Marcellus, Mid-Atlantic, and New England were unable to counter... Read More
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