ANR ML7 Midwest Natural Gas Prices

Daily Change
-0.13
-4.80%
Month/Month Change
-0.26
-9.20%
Year/Year Change
-2.20
-46.00%
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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.
bidweekgraf0424

NatGas Cash, Futures Diverge In Weekly Trading

The NGI Weekly Spot Gas Average managed a gain of 6 cents to $2.38 for the week ended April 24. Northeast locations had the greatest range with individual points in the region trading as low as 92 cents and as high as $4.00 during the week, but overall regionally the Northeast fell to the bottom of the stack with an average $2.10, up 13 cents from the previous week's average. Read More

Weekend, Monday NatGas Slumps; Futures Barely Budge

Weekend and Monday natural gas went begging in Friday trading as temperature forecasts remained moderate, making it less attractive for buyers to commit to three-day deals. Read More
EIAStorage0423

Contractors Fret as Physical NatGas, Futures Grind Lower

Natural gas for delivery Friday eased in Thursday's trading as traders generally elected to get deals done before the mid-morning release of government storage data. Read More
EIAStorage0423

Natural Gas Futures Lower Following Storage Report

Natural gas futures gave ground after the release of government inventory figures showing an increase that was only slightly greater than what traders were expecting. Read More

Forecast Cold Rattles Through Physical NatGas Trading; Futures Drift Higher

Cash natural gas prices for Thursday delivery scooted higher Wednesday as traders in eastern and Midwest markets adjusted to a cooler change in the weather regime that is likely to last to the end of the month. Read More

Physical NatGas Up, But Marcellus Struggles; Futures Gain

Physical natural gas prices for Wednesday delivery firmed in Tuesday's trading as gains of a nickel or more were posted in the Gulf Coast, Midwest, Midcontinent, Rockies and California. Read More

Cash NatGas Widely Mixed; Storage Concerns Prompt Futures Trek Lower

Gas for Tuesday physical delivery showed wide variations in price with eastern and western points showing gains, but locations in the country's mid-section taking declines. Overall the market was 4 cents to $2.34, but double digit gains in New England and the East along with additions of a couple of pennies to Rockies and California points were able to offset declines of a dime or so in the Gulf. Read More
20150417_HENRY_HUB_CHART_WEB_IMAGE

Weekly NatGas Futures, Cash Diverge; Market Turnaround In Sight?

Physical natural gas prices for the week ended April 17 limped lower, but a curious response to the weekly storage report has some thinking a longer term market bottom might be forming. The NGI Weekly Spot Gas Average fell 11 cents to $2.32, led by larger-than-average declines in the Northeast. Read More

Weekend Chill Lifts Midwest, Midcontinent NatGas; Futures Give Back A Nickel

Natural gas for weekend and Monday delivery on balance fell nominally in Friday trading as double-digit declines at eastern points were unable to offset broader gains in the Gulf, Midcontinent and Midwest. Read More
EIAStorage0416

Futures Bound Higher, Yet Physical Gas Languishes; May Adds 7 Cents

Natural gas for delivery Friday drifted lower in Thursday's trading with Midwest and Gulf points a few cents either side of unchanged, eastern points down about a dime, and the Rockies and California off about 3 cents. Overall the market gave up 3 cents to $2.31. Read More