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.
Henry Hub Description
Deliveries into and from Sabine's Henry Hub in Erath, LA. Connecting pipelines include Acadian, Bridgeline, Columbia Gulf, Gulf South, Jefferson Island, NGPL, Sabine, Sea Robin, Southern Natural, Trunkline, Transco, & Texas Gas.
Only a single market point fell into the loss column in Monday's trading for Tuesday physical natural gas, and most points outside the Northeast added about a nickel. Temperatures were expected to be at or slightly below normal in major eastern and Midwest markets, and the NGI National Spot Gas Average rose 7 cents to $2.81.
Physical natural gas for weekend and Monday delivery found few takers in Friday's trading as ample storage, along with a quiet energy market, gave traders little incentive to lock in three-day deals.
In a sharp reversal, physical natural gas for Thursday delivery fell hard and fell often in Wednesday trading. One point followed by NGI was unchanged, and most points outside the Northeast fell about a dime.
Physical natural gas for Tuesday delivery responded to a variety to temperature patterns across the United States in Monday's trading. Outside New England, market points on average posted gains of a nickel to a dime or more, but New England's temperatures Tuesday were expected to be warmer leading to price weakness.
Weather-driven reality outdid weather-driven anticipation in weekly physical natural gas trading ending March 17. The NGI Weekly National Spot Gas Average rose a stout 29 cents to $3.07, one penny more than the prior week's 28-cent advance to $2.78.
Natural gas cash for weekend and Monday delivery at most points eased a couple of pennies in Friday trading, but outsize declines at just a few New England points skewed the average several cents lower.
Natural gas futures retreated Thursday morning after the Energy Information Administration reported a storage withdrawal that was slightly less than what the market was 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.