ANR ML7 Midwest Natural Gas Prices

Daily Change
-0.05
-1.30%
Month/Month Change
-0.13
-3.30%
Year/Year Change
-0.02
-0.50%
Need access to today's full
ANR ML7 Price Data?
Learn More
Region Location
Mcwml7_20102014_152aa2a1-5032-4e0c-8b36-eb5c2bcf9cb8

© Copyright 2014 Intelligence Press, Inc.

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.

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
bidweekgraf1017.png

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
EIAStorage1016

'Tame' NatGas Futures Lose 2 Cents Following Storage Report

Natural gas futures worked lower Thursday morning following the release of government storage figures that were greater than what the market was looking for. Read More

All NatGas Cash Points Decline, Bringing Futures Along for the Ride

Every point fell in Wednesday's trading for Thursday physical gas delivery. New England points took the biggest hits, falling by double-digits, but similar losses were also noted on the West Coast as slipping temperatures joined forces with declining power loads and weak next-day power prices. Read More

Firm Power Demand, Prices Lift NatGas Cash Quotes; Futures Follow Falling Oil

Natural gas for delivery Wednesday at most market points rose in Tuesday's trading with an assist from the power markets, where next-day power loads across major transmission grids were forecast to be higher and next-day power prices responded accordingly. Read More

Strong East, Northeast Lead Market to Double-Digit Gains; Futures Follow

Natural gas for delivery Tuesday rose sharply in Monday's trading as stout power-driven gains in the Northeast and East easily overwhelmed weakness in the Great Lakes and Midwest. Gulf locations were steady to a penny or 2 cents higher, and Rockies and California points gained anywhere from a nickel to well over a dime. Read More
bidweekgraf10101

Weekly Natgas Trading Sees Weak Futures Eclipsed By A Weaker Cash Market

Low power loads, weak power pricing, and moderate seasonal shoulder season weather all were on duty to send weekly natural gas prices scurrying lower. The NGI Weekly National Spot Gas Price Average tumbled 30 cents to $3.41, and of all market points followed by NGI, only 3 made it to the plus column. Read More

Eastern Points Flirt With New Lows; Futures Inch Higher

Physical natural gas for weekend and Monday delivery fell hard in Friday's trading as increased supplies, mild temperatures and load-killing rain over the weekend in eastern markets were expected to give way to seasonal readings by Monday. Read More