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.
NGI's Natural Gas Forward Basis 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 natural gas delivered for each reference period at the various locations/hubs. "Basis Price" represent, 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 email@example.com.
Houston Ship Channel Description
NGI's Houston Ship Channel Index is comprised of transactions within the "Houston Pipe Line Pool." Our index does not include deals at the "Golden Triangle" area of Beaumont, Port Arthur, and Orange in Jefferson and Orange Counties, TX, nor does it include transactions at the refinery hub in Texas City, which is located in Galveston County, TX. We defer to the locations that ICE includes in its definition of the HPL Pool, which ICE lists as the following meter name and numbers:
Air Liquide Bayport 988001
Air Products La Porte 981281
Air Products Pasadena Chemical 981418
Celanese Clear Lake 988018
Chevron Phillips Cedar Bayou 981024
Dow Deer Park 981506
Enterprise Mont Belvieu 981326
Equistar Channelview North 981373
Equistar Laporte Polymers 981553
ExxonMobil Baytown Refinery 981631
ExxonMobil Plastics Mont Belvieu 981379
Gulf Coast Fractionators 981389
Ineos Chocolate Bayou 981686
Ineos Deer Park 983409
Lanxess Baytown 981550
LCY Elastomers 981531
LyondellBasell Houston Refinery 981063
OptimAltura Channelview Cogen 981563
Oxy Vinyls Battleground Rd 981485
Oxy VinylsLaPorte 981444
San Jacinto Cogen 981554
Shell Deer Park Cogen 981581
Shell Deer Park East 981060
Shell Deer Park South 981095
Targa Mt Belvieu 981084
Valero Houston Refinery 981394
Valero Premcor 981511
ICE HSC HPL Pool meter 987342
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...
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