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NatGas Futures Consolidating Amid Bearish Weather Outlook; SoCal Leads Weekly Spot Gains
Weekly GPI
Natural gas futures slid yet again during the week ended Friday as a lack of any impressive heating demand had the market looking past winter into the shoulder season. This set the tone for a cash market that showed signs of shedding its winter skin; the NGI Weekly Spot Gas Average dropped 29 cents to $2.46. Read More
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Weekly GPI

February 19, 2018

EIAStorage02091

NatGas Futures Consolidating Amid Bearish Weather Outlook; SoCal Leads Weekly Spot Gains

Natural gas futures slid yet again during the week ended Friday as a lack of any impressive heating demand had the market looking past winter into the shoulder season. This set the tone for a cash market that showed signs of shedding its winter skin; the NGI Weekly Spot Gas Average dropped 29 cents to $2.46.
EIAStorage0208

Natural Gas Futures Sell-Off Continues for Second Straight Week; Spot Prices Sink Too

A precipitous slide in the natural gas futures market that began when the calendar rolled over to February continued for the week ending Friday, setting a bearish tone for spot prices across most regions. The NGI Weekly Spot Gas Average skidded 50 cents to $2.75/MMBtu.

3D"Sign

NGI's Bidweek Alert Day 5 - January 31 for February 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 -- 0.08 to 0.08
Tennessee Zone 0 South -- -0.17 to -0.05
Texas Eastern S. TX -- 0.05 to 0.05
Transco Zone 1 -- 0.00 to 0.00
East Texas
Carthage -- -0.13 to -0.13
Houston Ship Channel 3.65 to 3.69 0.13 to 0.14
Katy -- --
NGPL TexOk 3.18 to 3.23 -0.30 to -0.29
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- -0.08 to -0.08
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 2.52 to 2.77 -0.92 to -0.85
Transwestern 2.64 to 2.71 --
Waha 2.80 to 2.91 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 3.90 to 4.42 0.45 to 0.89
Chicago - Nicor Gas 3.90 to 4.20 0.48 to 0.69
Chicago - NIPSCO 4.19 to 4.42 0.89 to 0.89
Chicago - North Shore -- --
Chicago - Peoples 4.08 to 4.25 0.45 to 0.75
Consumers Energy -- 0.30 to 0.45
Dawn 4.04 to 4.15 0.38 to 0.77
Emerson -- 0.45 to 0.75
Joliet -- --
Lebanon -- -0.26 to -0.22
Michigan Consolidated 3.28 to 3.36 -0.25 to -0.145
NGPL Amarillo Mainline -- --
Parkway/Union -- --
REX into ANR - Shelby -- -0.235 to -0.18
REX into MGT - Edgar -- -0.15 to -0.14
REX into NGPL - Moultrie -- -0.215 to -0.17
REX into PEPL - Putnam -- -0.24 to -0.20
REX into Trunk - Douglas -- -0.225 to -0.22
Midcontinent
ANR SW 2.70 to 2.95 --
Enable East 3.33 to 3.33 -0.2325 to -0.2325
Enable West -- --
NGPL Midcontinent 2.85 to 3.03 -0.68 to -0.54
Northern Border Ventura -- --
Northern Natural Demarc 3.20 to 3.38 --
Northern Natural Ventura 4.60 to 5.15 --
OGT 2.34 to 2.67 -1.12 to -0.90
Panhandle Eastern 2.68 to 2.83 -0.85 to -0.65
Southern Star 2.82 to 2.85 -0.75 to -0.66
North Louisiana/Arkansas
Perryville -- -0.0875 to -0.0875
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.115 to -0.095
Trunkline Zone 1A -- -0.11 to -0.08
South Louisiana
ANR SE -- -0.1225 to -0.07
Columbia Gulf Mainline -- -0.20 to -0.135
Columbia Gulf onshore -- -0.12 to -0.11
Florida Gas Zone 2 -- --
Henry Hub -- -0.0125 to 0.015
Southern Natural -- -0.055 to -0.025
Tennessee Line 500 -- -0.05 to -0.03
Tennessee Line 800 -- -0.11 to -0.0825
Texas Eastern E. LA -- -0.125 to -0.07
Texas Eastern W. LA -- -0.05 to -0.05
Texas Gas Zone SL -- -0.06 to -0.05
Transco Zone 3 -- 0.04 to 0.08
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- 0.10 to 0.13
Texas Eastern M-1, 30 -- --
Transco Zone 4 -- 0.07 to 0.10
Transco Zone 5 -- 6.00 to 7.25
Transco Zone 5 North -- --
Transco Zone 5 South -- 6.00 to 7.25
Appalachia
Columbia Gas -- -0.495 to -0.25
Dominion North -- -0.80 to -0.73
Dominion South -- -0.78 to -0.675
Leidy Hub -- --
Millennium East Pool -- -0.84 to -0.77
Tenn Zone 4 200L -- -0.23 to -0.10
Tennessee Zn 4 313 Pool -- -0.80 to -0.80
Tennessee Zn 4 Marcellus -- -0.955 to -0.91
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.66 to -0.535
Texas Eastern M-3, Delivery -- 4.45 to 4.85
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.905 to -0.735
Northeast
Algonquin Citygate -- 9.60 to 9.80
Algonquin Citygate (non-G) -- 9.60 to 9.80
Algonquin Receipts -- --
Iroquois Zone 2 -- 7.00 to 8.25
Iroquois, Waddington -- 2.73 to 3.40
Niagara -- --
Tenn Zone 5 200L -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- --
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- 5.40 to 7.00
Transco Zone 6 non-NY North -- 5.40 to 7.00
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- 7.50 to 8.75
Rocky Mountains
Cheyenne Hub 2.69 to 2.71 --
CIG 2.64 to 2.83 --
CIG DJ Basin 2.68 to 2.68 --
El Paso Bondad -- --
El Paso non-Bondad 2.60 to 2.83 --
Kern River 2.67 to 2.88 --
Kingsgate -- --
Northwest S. of Green River 2.52 to 2.83 --
Northwest Sumas 2.12 to 2.70 --
Northwest Wyoming Pool 2.81 to 2.86 --
Opal 2.68 to 2.91 --
Questar -- --
Stanfield -- --
Transwestern San Juan -- --
White River Hub -- --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery -- --
California
Malin 2.46 to 2.78 --
PG&E Citygate 2.85 to 3.02 --
SoCal Citygate 3.19 to 3.38 --
Southern Border, PG&E -- --
Southern Border, SoCal 2.79 to 3.11 --
SoCal Border Avg. 2.79 to 3.11 --
Canada
Empress 3.90 to 3.90 --
NOVA/AECO C 1.99 to 2.25 --
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.