ANR ML7 Midwest Natural Gas Prices

Daily Change
0.04
1.40%
Month/Month Change
0.00
0.00%
Year/Year Change
-0.97
-25.30%
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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.

NGI's Natural Gas Forward Basis 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 natural 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 natural gas forward basis 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.

Physical NatGas Market Content With Small Moves; Futures Add 3 Cents

Physical natural gas prices for Tuesday delivery languished mostly unchanged in Monday's trading with a few exceptions in the Northeast that managed 30-plus cent gains. Most points traded within just a few pennies of Friday's quotes and NGI's National Spot Gas Average was up a nickel at $2.59. Read More
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August Bidweek Prices Solid on Heat Despite Healthy Storage Volumes

August natural gas bidweek prices moved up about a nickel nationally as traders enjoyed what might be the last month of "normal" business before September and October production is expected to pack industry storage facilities. Read More

Northeast Natural Gas Decline Leads Broad Retreat; September Drops A Nickel

Physical natural gas for weekend and Monday delivery slumped in Friday's trading as traders were reluctant to commit to three-day deals in spite of weather forecasts calling for above-normal temperatures in populous eastern markets. Read More
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NatGas Futures Bulls Scratching Heads Following EIA Report; Cash, Futures Slide

Physical natural gas for Friday delivery fell in Thursday's trading. A few eastern points gained ground, but the overall market fell 8 cents to $2.65. Read More
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Bulls Can't Get A Break; September Down Following Lean Storage Build

Natural gas futures rose, then fell, following the release of government inventory figures showing an increase in working gas storage that was curiously less than what traders were expecting. Read More
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Eastern NatGas Losses Cancel Broader Strength; August Futures Bid Farewell Following Gains

Values of physical gas for Thursday delivery stood pat in Wednesday's trading, with large double-digit losses at eastern points canceling out broader gains at most other market points. Read More

Physical Natural Gas Market Climbs as Midwest Buyers Mull New Supplies; Futures Gain

Next-day physical natural gas continued to move higher Tuesday, though not at the double-digit pace of Monday. Gains of a nickel or more were widespread, but a few locations in the Marcellus and Rockies managed to slip into the loss column by a few pennies. Read More

Oppressive Heat Lifts NatGas Physical Market More Than A Dime; Futures Climb

Physical natural gas for Tuesday delivery bounded higher in Monday's trading as a blast of hot, humid weather hit major population centers in the East. Read More
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NatGas Held To Narrow Moves In Weekly Trading; Futures Slide A Dime

Talk about a balanced market! In weekly trading all but a handful of points moved less than a nickel either side of unchanged. TheNGI Weekly Spot Gas Average eased a miserly 2 cents to $2.60, and even those actively traded points showing the greatest gains and losses had a hard time making meaningful double-digit moves. Read More

Broad Weakness More Than Offsets Eastern Gains; Futures Retreat 4 Cents

Both physical gas for the weekend and Monday as well as futures marched lower in Friday's trading. Read More