ANR ML7 Midwest Natural Gas Prices

Daily Change
-0.10
-2.70%
Month/Month Change
-0.31
-7.90%
Year/Year Change
-0.25
-6.40%
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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.

Summer-Like Weather Swamps Cash Market; Futures Nervously Mixed

A few eastern points made it to the positive side of the trading ledger in Friday trading for weekend and Monday deliveries, but otherwise losses averaging a dime or more were common. Read More

Analysts See Equal Up/Down Risk, Yet November NatGas Called 4 Cents Lower

November natural gas is set to open 4 cents lower Friday morning at $3.58 as traders note little change in mild weather forecasts and increased production is expected to make up for an expected storage deficit relative to last year. Overnight oil markets retreated. Read More
EIAStorage1023

NatGas Cash Takes Double-Digit Drubbing; Futures Clock 11-Month Low

Futures prices may have taken a hit from an uninspired weekly Energy Information Administration storage report Thursday, while physical market trading for Friday delivery took no prisoners and left only a handful of points in the plus column. Read More
EIAStorage1023

Futures Inch Higher in Lackluster Response to Lean Storage Build

Natural gas futures got something of a lift off the Thursday morning release of government storage figures that were less than what traders were expecting. Read More

Mid-Atlantic Gains Balance New England Losses; Futures Slide Ahead Of Storage Stats

Next-day prices for physical gas traded Wednesday moved little as hefty losses in New England were largely balanced by gains in the Mid-Atlantic, Marcellus, and Gulf. Great Lakes and Rockies prices were mostly mixed, but California locations were higher. Read More

Marcellus, Mid-Atlantic Gains Outgunned by Broad Declines; Futures Limp Higher

Next-day physical prices were mixed in Tuesday's trading, with gains in the Marcellus and Mid-Atlantic unable to offset losses in New England, the Gulf Coast, Midcontinent, Rockies and California. At the end of the trading day, the national average was unchanged. Read More

Bears Gain Market Control Despite Firm Cash; November Drops a Dime

A mixed temperature regime prompted wide changes in next-day gas in Monday's trading, with gains in the Great Lakes and West Coast joining forces with strong eastern points offsetting losses in the Gulf, Midcontinent, and Rockies. Overall, the market added 5 cents. Read More
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Northeast Gains Offset Broad Producing Zone Losses In Weekly Trading

At first glance NGI Weekly Spot Gas Prices look like a sea of red ink, but upon closer inspection widespread losses primarily in Producing Zones of a nickel to a dime were offset by stout double digit advances in the Northeast. The NGI Weekly Spot Gas Average came in a penny higher at $3.42. Read More

Physical Gas Outruns Futures Lower; November Off 3 Cents

Gas buyers for weekend and Monday packages were not persuaded to commit to three-day deals on Friday in spite of a combination of active weather, temperatures below seasonal norms and a firm power market. Read More
EIAStorage1016

Strong New England, Great Lakes Balanced by Weak West, Marcellus; Futures Steady

Physical gas for delivery Friday moved little following the release of the weekly Energy Information Administration storage report. Read More