Story of the Day

Cheniere to Build Third LNG Train in Corpus, Snapping Sluggish U.S. Export Expansions
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Cheniere Energy Inc. on Tuesday pulled the trigger to build a third train at the Corpus Christi natural gas export project... Read More
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NGI's Daily Gas Price Index

May 24, 2018

Camerons-Corner-20180523

Natural Gas Futures Climb Ahead of EIA Storage Data as Cooling Demand Still Supportive

Natural gas futures nosed higher Wednesday, keeping the gains from the previous day’s big rally as forecasts maintained hotter temperatures through early June. Spot prices continued to strengthen across the Midwest and Texas, with major cities in those regions expected to see highs in the 80s and 90s into the weekend; the NGI National Spot Gas Average added 9 cents to $2.53/MMBtu.

ExxonMobil Sets 2020 Goal to Slash Natural Gas Flaring, Methane Emissions

ExxonMobil Corp. on Wednesday set a two-year target to reduce natural gas flaring by 25% and methane emissions by 15% to improve overall business operations.
Cheniere-Energy-Corpus-Christi-LNG-Terminal-Project-Site-20180523

Cheniere to Build Third LNG Train in Corpus, Snapping Sluggish U.S. Export Expansions

Cheniere Energy Inc. on Tuesday pulled the trigger to build a third train at the Corpus Christi natural gas export project...

Zinke Supports More U.S. LNG Exports, Touts Energy Dominance

While plugging his ongoing efforts to reorganize the U.S. Department of Interior and revise its regulatory agenda to be more energy industry friendly, Secretary Ryan Zinke on Wednesday offered unequivocal support for more domestic exports of liquefied natural gas.

UGI to Expand Northeast Pennsylvania Natural Gas Gathering System

A UGI Corp. subsidiary said this week it would expand its Auburn natural gas gathering system in Northeast Pennsylvania because of growing Marcellus Shale volumes.

BP Trimming Global Upstream Workforce by 3%

BP plc is whittling its global upstream workforce of about 18,000 by nearly 3%, mostly through “natural attrition,” as the supermajor simplifies the organization.

ACP to Avoid Construction Along Fraction of Route Lacking Key Permit

Atlantic Coast Pipeline LLC (ACP) said Tuesday it would avoid construction work along 100 miles of the planned 600-mile route until the U.S. Fish and Wildlife Service (FWS) revises a key permit that was invalidated last week by the U.S. Court of Appeals for the Fourth Circuit.

Trump Wants Congress to Approve Any NAFTA Deal, Says Mnuchin

The Trump administration is focused on reaching a trade deal with Canada and Mexico over the North American Free Trade Agreement (NAFTA), and wants Congress to ultimately approve any changes, according to Treasury Secretary Steven Mnuchin.

Hotter Forecasts Test Bullish Trends as June Natural Gas Called Near Even

June natural gas was set to open Wednesday near even at around $2.911/MMBtu following Tuesday’s strong rally as overnight weather models maintained recent hotter trends for the next two weeks, according to forecasters.

Spurred by Hotter Weather, Natural Gas Futures Rally Sharply

In contrast to recent range-bound action, natural gas futures added close to a dime Tuesday as forecasters noted hotter medium-range weather trends that could keep current storage deficits from shrinking as quickly as previously thought. In the spot market, prices strengthened across the Midwest and Texas with hot weather on the way, while points in the West pulled back; the NGI National Spot Gas Average added 4 cents to $2.44/MMBtu.

Natural Gas, Oil Industry Prepares for 2018 Atlantic Hurricane Season

With the official open of the 2018 Atlantic hurricane season looming, a sextet of organizations representing the natural gas and oil industry on Tuesday unveiled steps their members are taking to prepare their operations and shared lessons learned in recent years.

Shell Investors Push for More Action on Climate Change Targets

Royal Dutch Shell plc shareholders during the annual general meeting on Tuesday handily defeated a resolution calling for tougher operational emissions targets, but CEO Ben van Beurden promised the company would continue to be a leader in combating climate change.

New Jersey Files Another Challenge to PennEast Pipeline

In yet another unique move, New Jersey has petitioned a federal court to review FERC’s certificate order authorizing the PennEast Pipeline as part of a multipronged effort to stop the natural gas project from advancing.

ConocoPhillips Awaiting EIS for Willow Prospect to Expand Alaska Development

The Interior Department's Bureau of Land Management confirmed that it has received a request by a subsidiary of ConocoPhillips to prepare an environmental impact statement for a prospect within the National Petroleum Reserve in Alaska, which could open the area to more oil and gas development over the next decade.
Potential-Sites-for-Underground-Storage-in-Mexico-201712151

Cenagas Prepares Mexico’s First Strategic Natural Gas Storage Tender

The Centro Nacional de Control del Gas Natural has selected four depleted oil and gas reservoirs as candidate sites for a tender to build...

3D"Sign

NGI's Bidweek Alert Day 5 - April 30th for May 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 -- -0.1175 to -0.105
Texas Eastern S. TX -- -0.02 to -0.015
Transco Zone 1 -- --
East Texas
Carthage -- -0.1525 to -0.15
Houston Ship Channel 2.89 to 2.90 0.09 to 0.10
Katy -- --
NGPL TexOk 2.57 to 2.57 -0.1875 to -0.17
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- -0.105 to -0.105
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 1.18 to 1.47 --
Transwestern 1.46 to 1.56 --
Waha 1.28 to 1.49 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 2.54 to 2.63 --
Chicago - Nicor Gas 2.57 to 2.62 --
Chicago - NIPSCO 2.54 to 2.63 --
Chicago - North Shore -- --
Chicago - Peoples 2.55 to 2.60 --
Consumers Energy -- -0.09 to -0.08
Dawn 2.51 to 2.72 -0.125 to -0.08
Emerson -- -0.36 to -0.30
Joliet 2.54 to 2.54 --
Lebanon -- -0.30 to -0.2575
Michigan Consolidated -- -0.14 to -0.11
NGPL Amarillo Mainline -- --
Parkway/Union -- --
REX into ANR - Shelby -- -0.29 to -0.28
REX into MGT - Edgar -- -0.265 to -0.265
REX into NGPL - Moultrie -- -0.30 to -0.285
REX into PEPL - Putnam -- --
REX into Trunk - Douglas -- --
Midcontinent
ANR SW 1.99 to 2.01 -0.77 to -0.77
Enable East -- -0.36 to -0.31
Enable West -- --
NGPL Midcontinent 2.04 to 2.06 --
Northern Border Ventura -- --
Northern Natural Demarc 2.09 to 2.22 --
Northern Natural Ventura 2.15 to 2.51 --
OGT 1.44 to 1.50 -1.30 to -1.30
Panhandle Eastern 1.99 to 2.03 -0.77 to -0.74
Southern Star -- -0.77 to -0.77
North Louisiana/Arkansas
Perryville -- -0.115 to -0.115
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.1575 to -0.1475
Trunkline Zone 1A -- -0.195 to -0.18
South Louisiana
ANR SE -- -0.13 to -0.12
Columbia Gulf Mainline -- -0.19 to -0.1375
Columbia Gulf onshore -- --
Florida Gas Zone 2 -- --
Henry Hub -- --
Southern Natural -- -0.0625 to -0.0575
Tennessee Line 500 -- -0.065 to -0.06
Tennessee Line 800 -- -0.075 to -0.065
Texas Eastern E. LA -- -0.08 to -0.0775
Texas Eastern W. LA -- -0.06 to -0.06
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.04 to -0.035
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- 0.015 to 0.035
Texas Eastern M-1, 30 -- -0.115 to -0.115
Transco Zone 4 -- -0.08 to -0.0325
Transco Zone 5 -- 0.045 to 0.055
Transco Zone 5 North -- --
Transco Zone 5 South -- 0.045 to 0.055
Appalachia
Columbia Gas -- -0.295 to -0.19
Dominion North -- -0.535 to -0.50
Dominion South -- -0.55 to -0.48
Leidy Hub -- -0.525 to -0.51
Millennium East Pool -- -0.915 to -0.79
Tenn Zone 4 200L -- -0.33 to -0.29
Tennessee Zn 4 313 Pool -- -0.41 to -0.41
Tennessee Zn 4 Marcellus -- -1.02 to -0.83
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.565 to -0.5325
Texas Eastern M-3, Delivery -- -0.50 to -0.43
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.93 to -0.79
Northeast
Algonquin Citygate -- -0.19 to -0.14
Algonquin Citygate (non-G) -- -0.19 to -0.14
Algonquin Receipts -- --
Iroquois Zone 2 -- -0.17 to -0.14
Iroquois, Waddington -- -0.135 to -0.125
Niagara -- --
Tenn Zone 5 200L -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- -0.14 to -0.115
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- -0.2675 to -0.20
Transco Zone 6 non-NY North -- -0.2675 to -0.20
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- -0.205 to -0.20
Rocky Mountains
Cheyenne Hub 1.84 to 1.92 --
CIG 1.85 to 1.85 --
CIG DJ Basin -- --
El Paso Bondad -- --
El Paso non-Bondad 1.66 to 1.79 --
Kern River -- --
Kingsgate -- --
Northwest S. of Green River -- --
Northwest Sumas 1.65 to 1.79 --
Northwest Wyoming Pool -- --
Opal 1.90 to 1.92 --
Questar -- --
Stanfield -- --
Transwestern San Juan 1.75 to 1.80 --
White River Hub 1.88 to 1.90 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 2.01 to 2.05 --
California
Malin 1.89 to 1.95 --
PG&E Citygate 2.61 to 2.68 --
SoCal Citygate 2.94 to 3.15 --
Southern Border, PG&E 1.78 to 1.90 --
Southern Border, SoCal 1.90 to 2.03 --
SoCal Border Avg. 1.90 to 2.03 --
Canada
Empress -- --
NOVA/AECO C 0.52 to 0.79 --
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.