Algonquin Citygate Northeast Natural Gas Prices

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Algonquin Citygate Description

Includes transactions to delivery points within the Algonquin system. Excludes gas deliveries into Algonquin from connecting pipelines, as that is a separate index.

Cooler Weather Helps Drag Down Natural Gas Futures as Production Keeping Bears in Control

Natural gas futures continued their recent slide Tuesday as strong production and cooler weather trends conspired to help drag down prices. In the spot market, more volatility in Southern California and retreating prices in the Northeast headlined a day of generally small adjustments; the NGI National Spot Gas Average gave back a penny to finish at $2.74/MMBtu. Read More

NGI's Full Coverage of the 2018 World Gas Conference

Don't miss out on what went down at WGC 2018. Read all of NGI's Thought Leader's coverage of the five-day conference now.. Read More

Natural Gas Futures Near Even as Heat, Storage Help Support Hold

Natural gas futures traded on either side of $2.75 Monday as the market continued to see production offsetting storage deficits. Near-term heat sent spot prices higher in Southern California, while Appalachian locations benefited from the return of Leach XPress capacity; the NGI National Spot Gas Average gained 7 cents to $2.75/MMBtu. Read More

Production Squashing Storage Fears as Natural Gas Futures Continue Slide

Natural gas futures bulls gave up more ground Friday as production continued to allay the market’s storage concerns. Spot prices fell throughout the Midwest with cooler temperatures in the forecast, while the volatile SoCal Citygate gained heading into the weekend; the NGI National Spot Gas Average dropped 3 cents to $2.68/MMBtu. Read More

Lean EIA Build Can’t Spark Natural Gas Futures Rally; SoCal Spot Strengthens

Natural gas futures pulled back Thursday as weekly government storage data came in tighter than surveys but not enough to rile... Read More

EIA Storage Build Lighter Than Surveys, But Natural Gas Futures Market Not Impressed

The Energy Information Administration’s (EIA) weekly natural gas storage report missed to the low side of... Read More

Spiking SoCal Leads Weekly Natural Gas Spot Prices Higher; Futures Slide

A heat wave in Southern California helped drive natural gas spot prices higher on average for the week ended Friday, even as points throughout the Gulf Coast slid along with declines in futures; the NGI Weekly National Spot Gas Average added 8 cents to $2.70/MMBtu. Read More

EIA’s Storage Figure Tops Survey Averages as Natural Gas Futures Steady

Bulls hoping for a lean natural gas storage report from the Energy Information Administration Friday left disappointed as the agency came out with a net build on the higher side of average estimates. Still, futures prices stayed the course after briefly dropping on the news. Read More

No Fireworks as Natural Gas Futures Up Slightly in Quiet Trading Before Holiday; East Coast Cash Eases

Natural gas futures gained modestly Tuesday ahead of the Independence Day holiday as small changes to weather guidance left the market to continue weighing near-term heat and storage deficits against surging production. Read More

Production Overwhelms as Natural Gas Bears Gain Upper Hand; East Coast Spot Higher on Heat

Surging natural gas supply continues to act as a yoke on futures prices; data showing record-level production, combined with expectations for more seasonal weather later in the month, helped send futures lower Monday despite large storage deficits and bullish near-term forecasts. Read More