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Nexus Start-Up Delayed to 2018, DTE Confirms
Daily GPI
The Nexus Gas Transmission pipeline, originally planned for service in late 2017, won't start up until sometime in 2018... Read More
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NGI's Daily Gas Price Index

July 27, 2017

Shell Adopts ‘Lower-Forever Mindset’ on Crude Oil Prices

Royal Dutch Shell plc delivered a solid quarterly performance, returning the upstream to profitability from a year ago, but the oil major has adopted a “lower-forever mindset” regarding oil prices, as peak demand should hit within a decade, CEO Ben van Beurden said Thursday.
EIAStorage0727

Futures Jump Following Thin NatGas Storage Gains

August futures gained ground following a report Thursday by the Energy Information Administration showing a storage injection that was significantly less than the market was expecting.
Monthly-Deliveries-to-Electric-Power-Consumers-in-Pennsylvania-Ohio-and-West-Virginia-20170726

Pennsylvania NatGas-Fired Power Plant to Break Ground in 2018

The developer of a 950 MW natural gas-fired power plant in central Pennsylvania is expected to break ground on the $800 million project sometime next year.

MVP Needs FERC Quorum Soon to Avoid Delays, Says NextEra

The Senate will need to approve the Trump administration's FERC nominees soon, or else it could put the Mountain Valley Pipeline natural gas project schedule at risk, management for NextEra Energy Inc. said Wednesday.

Production Seen Less Than Estimates, Yet Expiring August Called a Penny Lower

The expiring August futures are expected to open a penny lower Thursday morning at $2.91 in spite of production data coming in less than forecast. Overnight oil markets were narrowly mixed.

Cameron0726

NatGas Cash, Futures Having Hard Time With Uninspired Weather; August Sheds 2 Cents

Next-day natural gas drifted lower in concert with a weak screen in Wednesday's trading, as modest gains in California were unable to offset much deeper losses in New England and Appalachia. Most points were down by a couple of pennies or more, and the NGI National Spot Gas Average skidded 4 cents to $2.64.
nexus-map

Nexus Start-Up Delayed to 2018, DTE Confirms

The Nexus Gas Transmission pipeline, originally planned for service in late 2017, won't start up until sometime in 2018...
Valley-Lateral-Project-20170726

New York Fires Back at Millennium, Says It Has Until Aug. 30 to Rule on Water Certification

The New York State Department of Environmental Conservation has fired back at Millennium Pipeline Co. LLC, asking FERC to deny a request to proceed with construction activities on the Valley Lateral Project, which would serve a natural gas-fired power plant under construction in the state.

Canada High Court Landmark Decisions Back NEB, Define Acceptable Consideration of Aboriginal Claims

Canadian industry kept a path to project approvals through the maze of aboriginal constitutional rights and power claims in landmark judicial verdicts Wednesday on energy development disputes in Ontario and Nunavut.

Louisiana LNG's Export Authorization Yanked by DOE for Failure to Follow Through

The U.S. Department of Energy has rescinded its authorization to Louisiana LNG Energy LLC to export domestic liquefied natural gas from a proposed project in Plaquemines Parish, LA that apparently lies dormant.

American Midstream Selling Propane Business to Focus on Deepwater GOM, Onshore Texas

American Midstream Partners LP is selling its propane business to focus capital in the offshore Gulf of Mexico and onshore in the Permian Basin and East Texas, the partnership said Monday.

Weather Outlook More Uncertain Than Ever; August Called A Penny Lower

August natural gas is expected to open a penny lower Wednesday morning at $2.93 as traders deal with weather forecasts showing a higher degree of variability than normal. Overnight oil markets were mixed.

NatGas Cash Eases, But Trader Says Futures A 'Gift'

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.
Annual-US-Gross-NatGas-Imports-from-Canada-at-Eastport-ID-and-Sumas-WA-20170725

Pacific NorthWest LNG Cancels Export Terminal Plans in British Columbia

Pacific NorthWest LNG canceled plans Tuesday to build a C$11.4 billion ($9 billion) liquefied natural gas export terminal on the Pacific coast...

Millennium Pipeline Heads Back to FERC to Bypass New York

Millennium Pipeline Co. LLC has asked FERC for notice to proceed with construction activities on the Valley Lateral Project in New York, arguing that the state has waived its right to issue a Section 401 Water Quality Certification after 19 months of review.

3D"Sign

NGI's Bidweek Alert Day 2 - July 26 for August 2017
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 -- -0.075 to -0.06
Tennessee Zone 0 South -- -0.1675 to -0.1675
Texas Eastern S. TX -- --
Transco Zone 1 -- -0.09 to -0.09
East Texas
Carthage -- -0.115 to -0.115
Houston Ship Channel -- --
Katy -- --
NGPL TexOk -- -0.16 to -0.1525
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 2.52 to 2.58 --
Transwestern 2.62 to 2.62 --
Waha 2.58 to 2.61 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 2.74 to 2.84 --
Chicago - Nicor Gas 2.74 to 2.78 --
Chicago - NIPSCO 2.82 to 2.84 --
Chicago - North Shore -- --
Chicago - Peoples -- --
Consumers Energy -- -0.095 to -0.0925
Dawn -- -0.0875 to -0.065
Emerson -- -0.375 to -0.325
Joliet -- --
Lebanon -- --
Michigan Consolidated 2.79 to 2.80 -0.125 to -0.1125
NGPL Amarillo Mainline 2.67 to 2.68 --
Parkway/Union -- --
REX into ANR - Shelby -- --
REX into MGT - Edgar -- --
REX into NGPL - Moultrie -- --
REX into PEPL - Putnam -- --
REX into Trunk - Douglas -- --
Midcontinent
ANR SW -- -0.34 to -0.33
Enable East -- --
Enable West -- --
NGPL Midcontinent 2.63 to 2.67 --
Northern Border Ventura -- --
Northern Natural Demarc 2.72 to 2.73 --
Northern Natural Ventura 2.72 to 2.73 --
OGT 2.32 to 2.35 -0.57 to -0.57
Panhandle Eastern 2.54 to 2.56 -0.3975 to -0.38
Southern Star -- -0.39 to -0.39
North Louisiana/Arkansas
Perryville -- --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.1275 to -0.1275
Trunkline Zone 1A -- -0.125 to -0.115
South Louisiana
ANR SE -- --
Columbia Gulf Mainline -- -0.12 to -0.11
Columbia Gulf onshore -- -0.10 to -0.095
Florida Gas Zone 2 -- --
Henry Hub -- --
Southern Natural -- --
Tennessee Line 500 -- --
Tennessee Line 800 -- --
Texas Eastern E. LA -- --
Texas Eastern W. LA -- --
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.05 to -0.05
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- -0.0375 to -0.035
Texas Eastern M-1, 30 -- --
Transco Zone 4 -- -0.0475 to -0.0425
Transco Zone 5 -- -0.14 to 0.04
Transco Zone 5 North -- -0.14 to -0.14
Transco Zone 5 South -- 0.0375 to 0.04
Appalachia
Columbia Gas -- -0.19 to -0.18
Dominion North -- --
Dominion South -- -1.2625 to -1.19
Leidy Hub -- --
Millennium East Pool -- --
Tenn Zone 4 200L -- -1.05 to -1.00
Tennessee Zn 4 313 Pool -- --
Tennessee Zn 4 Marcellus -- -1.33 to -1.30
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -1.28 to -1.25
Texas Eastern M-3, Delivery -- -1.17 to -1.15
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -1.265 to -1.24
Northeast
Algonquin Citygate -- -0.54 to -0.52
Algonquin Citygate (non-G) -- -0.54 to -0.52
Algonquin Receipts -- --
Iroquois Zone 2 -- -0.14 to -0.10
Iroquois, Waddington -- --
Niagara -- --
Tenn Zone 5 200L -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- -0.54 to -0.51
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- -0.69 to -0.6525
Transco Zone 6 non-NY North -- -0.69 to -0.6525
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- -0.67 to -0.63
Rocky Mountains
Cheyenne Hub 2.58 to 2.60 --
CIG 2.57 to 2.57 --
CIG DJ Basin 2.52 to 2.54 --
El Paso Bondad -- --
El Paso non-Bondad 2.59 to 2.63 --
Kern River 2.61 to 2.61 --
Kingsgate -- --
Northwest S. of Green River 2.54 to 2.61 --
Northwest Sumas -- --
Northwest Wyoming Pool -- --
Opal 2.61 to 2.66 --
Questar -- --
Stanfield 2.58 to 2.59 --
Transwestern San Juan 2.64 to 2.64 --
White River Hub 2.56 to 2.60 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery -- --
California
Malin 2.67 to 2.72 --
PG&E Citygate 3.25 to 3.28 --
SoCal Citygate 3.19 to 3.22 --
Southern Border, PG&E 2.75 to 2.75 --
Southern Border, SoCal 2.82 to 2.90 --
SoCal Border Avg. 2.82 to 2.90 --
Canada
Empress 2.22 to 2.26 --
NOVA/AECO C 2.02 to 2.06 --
Westcoast Station 2 -- --