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Domestic Natural Gas Spot Prices Average 21% Higher in 2017, FERC Says
Daily GPI
Natural gas spot prices in the United States were up an average 21% last year compared with 2016, and a confluence of events helped drive prices in Southern... Read More
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NGI's Daily Gas Price Index

April 20, 2018

Whiplash for NatGas Futures as Friday Rally Erases Selloff; Spot Prices Tumble

Natural gas futures reversed course Friday to completely erase Thursday’s sharp selloff, with storage deficits and a slow start to injection season helping the bulls make their case. In the spot market, forecasts for moderating temperatures by Monday in key Midwest and East Coast markets curbed interest in three-day deals; the NGI National Spot Gas Average fell 19 cents to $2.42/MMBtu.

With Freeport LNG Delayed, Some Natural Gas Demand Seen Missing in 2019

Freeport LNG’s delayed start-up of its liquefied natural gas (LNG) export facility now under construction on the Texas coast could have varying impacts on the broader market next year, according to analysts.

BLM to Prepare ANWR EIS for Potential Oil, Natural Gas Development

Kicking off what is expected to be a long and arduous process, the Department of Interior's (DOI) Bureau of Land Management (BLM) on Friday launched a comment period and said it plans to prepare an environmental impact statement (EIS) to support future oil and natural gas leasing within a portion of the Arctic National Wildlife Refuge (ANWR).
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Natural Gas Drilling Flat as Oil Still Leading U.S. Rig Count Higher

The U.S. rig count continued to climb for the week ended Friday, adding five units on growth in oil drilling while the number of natural gas rigs remained unchanged, according to data from Baker Hughes Inc.
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Domestic Natural Gas Spot Prices Average 21% Higher in 2017, FERC Says

Natural gas spot prices in the United States were up an average 21% last year compared with 2016, and a confluence of events helped drive prices in Southern...

May Natural Gas Called Higher Following Thursday’s Selling

May natural gas was set to open Friday about 2 cents higher at around $2.680, recovering somewhat after a 7.9-cent sell-off Thursday that came despite tighter-than-expected government storage data.
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Natural Gas Futures Slide Despite Bullish Storage Miss; Spot Prices Fall

A bullish surprise from weekly government storage data Thursday couldn’t stop natural gas futures from slipping on a moderating weather outlook...
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Mexican Officials Post Archaeologist ‘Help Wanted’ Signs for Tula-Villa Reyes Pipeline Project

Twenty archaeologists are urgently needed to speed the progress of the $554 million natural gas pipeline being built across what is known as the Huasteca region in Central Mexico.
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For First Time Since 1958, U.S. Became Net Natural Gas Exporter Last Year, FERC Says

The United States became a net exporter of natural gas in 2017 for the first time since 1958, as increasing shipments of liquefied natural gas to world markets and pipeline deliveries to Mexico exceeded imports, according to FERC.

Five Energy Bills Clear First Hurdle, Advance to House Energy & Commerce Committee

A House subcommittee on Wednesday gave its stamp of approval to five energy bills, including one designed to expedite U.S. exports of liquefied natural gas.

Kinder Morgan Putting Bulk of Investments in Natural Gas; Second Permian Line in ‘Very Early’ Discussions

The natural gas segment makes up the “vast majority” -- about 90% -- of $900 million worth of projects added into Kinder Morgan Inc.’s backlog during the first quarter as the Texas-based company reported back-to-back quarters of transport volume growth and is eyeing opportunities for new investment, CEO Steven Kean said Wednesday.

FERC Initiates Inquiry into Pipeline Certification Process

FERC on Thursday issued a notice of inquiry (NOI) that could lead to a revision of its policies regarding the review and authorization of interstate natural gas transportation facilities under section 7 of the Natural Gas Act.
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Big Bullish EIA Storage Miss Helps Natural Gas Futures Bounce Back Following Sell-Off

The Energy Information Administration (EIA) on Thursday reported a net withdrawal from natural gas inventories...

Natural Gas at ‘Inflection Point’ Ahead of EIA Storage; May Called Lower

May natural gas was set to open Thursday about 2.4 cents lower at around $2.715, with the market turning its attention to weekly government storage data, which analysts said could prove pivotal in setting a direction for prices.

3D"Sign

NGI's Bidweek Alert Day 5 - March 29th for April 2018
For more detailed information please download the Excel data file
FIXED RANGE BASIS RANGE
South Texas
Agua Dulce -- --
Florida Gas Zone 1 -- --
NGPL S. TX -- --
Tennessee Zone 0 South -- -0.13 to -0.12
Texas Eastern S. TX -- -0.04 to -0.0375
Transco Zone 1 -- -0.06 to -0.045
East Texas
Carthage -- -0.14 to -0.12
Houston Ship Channel -- 0.07 to 0.08
Katy -- --
NGPL TexOk -- -0.1625 to -0.16
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 1.15 to 1.48 --
Transwestern 1.28 to 1.29 --
Waha 1.25 to 1.60 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 2.42 to 2.52 --
Chicago - Nicor Gas 2.43 to 2.51 --
Chicago - NIPSCO 2.43 to 2.52 --
Chicago - North Shore -- --
Chicago - Peoples 2.42 to 2.42 --
Consumers Energy -- -0.135 to -0.0925
Dawn 2.58 to 2.67 -0.11 to -0.085
Emerson -- -0.30 to -0.29
Joliet -- --
Lebanon -- -0.26 to -0.24
Michigan Consolidated 2.51 to 2.52 -0.16 to -0.14
NGPL Amarillo Mainline -- --
Parkway/Union -- --
REX into ANR - Shelby -- -0.26 to -0.225
REX into MGT - Edgar -- -0.25 to -0.23
REX into NGPL - Moultrie -- -0.25 to -0.225
REX into PEPL - Putnam -- --
REX into Trunk - Douglas -- -0.25 to -0.25
Midcontinent
ANR SW 1.93 to 1.95 --
Enable East -- -0.35 to -0.34
Enable West -- --
NGPL Midcontinent 2.05 to 2.12 -0.56 to -0.545
Northern Border Ventura -- --
Northern Natural Demarc 2.29 to 2.33 --
Northern Natural Ventura 2.28 to 2.39 --
OGT 1.05 to 1.05 --
Panhandle Eastern 1.91 to 1.95 -0.72 to -0.6975
Southern Star -- -0.755 to -0.755
North Louisiana/Arkansas
Perryville -- -0.11 to -0.11
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.1575 to -0.13
Trunkline Zone 1A -- -0.1725 to -0.165
South Louisiana
ANR SE -- -0.13 to -0.12
Columbia Gulf Mainline -- -0.1525 to -0.13
Columbia Gulf onshore -- -0.1275 to -0.12
Florida Gas Zone 2 -- --
Henry Hub -- 0.00 to 0.00
Southern Natural -- -0.07 to -0.065
Tennessee Line 500 -- -0.0775 to -0.055
Tennessee Line 800 -- -0.085 to -0.085
Texas Eastern E. LA -- --
Texas Eastern W. LA -- -0.075 to -0.075
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.045 to -0.035
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- 0.01 to 0.045
Texas Eastern M-1, 30 -- -0.11 to -0.11
Transco Zone 4 -- -0.045 to -0.025
Transco Zone 5 -- 0.045 to 0.07
Transco Zone 5 North -- 0.045 to 0.045
Transco Zone 5 South -- 0.0625 to 0.07
Appalachia
Columbia Gas -- -0.21 to -0.17
Dominion North -- -0.50 to -0.425
Dominion South -- -0.50 to -0.42
Leidy Hub -- --
Millennium East Pool -- -0.59 to -0.50
Tenn Zone 4 200L -- -0.34 to -0.21
Tennessee Zn 4 313 Pool -- -0.35 to -0.35
Tennessee Zn 4 Marcellus -- -0.67 to -0.54
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt 2.20 to 2.20 -0.525 to -0.44
Texas Eastern M-3, Delivery -- -0.40 to -0.28
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.595 to -0.43
Northeast
Algonquin Citygate -- 1.15 to 1.70
Algonquin Citygate (non-G) -- 1.15 to 1.70
Algonquin Receipts -- --
Iroquois Zone 2 -- 0.07 to 0.25
Iroquois, Waddington -- 0.0325 to 0.05
Niagara -- -0.10 to -0.10
Tenn Zone 5 200L -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- 1.50 to 1.55
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- -0.14 to 0.005
Transco Zone 6 non-NY North -- -0.14 to 0.005
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- -0.105 to 0.00
Rocky Mountains
Cheyenne Hub 1.85 to 1.95 --
CIG 1.73 to 1.74 --
CIG DJ Basin 1.75 to 1.76 --
El Paso Bondad -- --
El Paso non-Bondad 1.47 to 1.60 --
Kern River -- --
Kingsgate -- --
Northwest S. of Green River -- --
Northwest Sumas 1.70 to 1.79 --
Northwest Wyoming Pool -- --
Opal 1.90 to 1.98 --
Questar -- --
Stanfield -- --
Transwestern San Juan -- --
White River Hub 1.79 to 1.84 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 2.02 to 2.02 --
California
Malin 1.88 to 1.95 --
PG&E Citygate 2.52 to 2.63 --
SoCal Citygate 2.61 to 2.80 --
Southern Border, PG&E 1.75 to 1.99 --
Southern Border, SoCal 1.95 to 2.06 --
SoCal Border Avg. 1.95 to 2.06 --
Canada
Empress -- --
NOVA/AECO C 1.15 to 1.64 --
Westcoast Station 2 -- --
NOTE: Both the buy and the sell side of transactions are counted in this table, as they are in NGI’s daily, weekly and bidweek natural gas price tables, a standard practice which supports consistency and uniformity across products as explained in our price methodology.