Forward Look prices are in U.S.$/MMBtu for all points including those in Canada.
NGI's Natural Gas Forward Basis Prices are based on indicative data obtained from traders, exchanges and deals provided by energy companies. "Fixed Price" represent the forward prices of natural 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 natural gas forward basis data in monthly bullets going out 5 years, contact sales at firstname.lastname@example.org.
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.
Price blowouts in Southern California headlined natural gas spot trading for the week ended Friday, while more comfortable temperatures helped send prices lower throughout the Midwest and East; the NGI Weekly National Spot Gas Average added 2 cents to $2.72.
Natural gas futures pulled back slightly during an uneventful session Friday, with prices stable one day after rallying on bullish government storage data. In the spot market, the mercurial SoCal Citygate extended its run higher ahead of more heat expected in California, while points throughout the Gulf Coast and Texas saw modest gains; the NGI National Spot Gas Average added 3 cents to $2.71/MMBtu.
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.
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.
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.
The Energy Information Administration’s (EIA) weekly natural gas storage report missed to the low side of...
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.