Daily, Weekly and Bidweek Prices are in U.S.$/MMBtu except for locations in the Canada section which are in Cdn$/GJ. The deals column represents the number of transaction reports used by NGI in the calculation of the price and the volume column, while the sum of the volume of those deals, in thousand MMBtus/day. 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 firstname.lastname@example.org.
Chicago Citygate Description
Deliveries into the Nicor Gas, Peoples Gas Light & Coke, North Shore Gas, and Northern Indiana Public Service Co. (NIPSCO) systems in the Chicagoland area.
Physical natural gas for next-day delivery and futures elected to go their own ways in Tuesday trading; most points traded within a few pennies of unchanged, and futures traders elected to buy, figuring forecasts of recent cool were already baked into the market.
Nearly all U.S. points gained ground for the week ended July 21 and most points posted gains well into double digits. Gains at Northeast points were most impressive, with some points adding close to a $1.
Physical natural gas for weekend and Monday delivery fell hard and fell often in Friday trading as traders saw no need to commit to three-day deals, and near-term temperature forecasts dropped.
Natural gas for delivery Friday retreated from gains made earlier in the week as firm pricing in the Midwest, Midcontinent, Texas, and Louisiana was crushed by a weak next-day power market in the Northeast and Marcellus-focused issues in Appalachia. The NGI National Spot Gas Average came in 3 cents lower at $2.92.
Natural gas for delivery Thursday was mixed in Wednesday trading as outage-induced gains in the Northeast, along with firm pricing in the Midcontinent and Midwest, were able to counter weakness in the Rockies, Appalachia and West Texas.
Summer Doldrums were in full force during Friday natural gas trading for weekend and Monday delivery. Modest gains in Appalachia, the Northeast, and Texas were offset somewhat by flat pricing at most other market points.
August natural gas futures inched higher Thursday morning once the Energy Information Administration reported a storage injection for the week ending July 7 that was slightly less than what traders were expecting.
Natural Gas Intelligence (NGI), is a leading provider of natural gas, shale news and market information for the deregulated North American natural gas industry. Since the first issue of Natural Gas Intelligence was published in 1981, NGI has provided key pricing and data relied upon daily by thousands of industry participants in the U.S, Canada and Mexico as well as Central and South America, Europe and Asia.