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Will Mexican Presidential Candidate Lopez Obrador Sing the Golden Oldies of Pemex's Past?
Featured Mexico GPI
Petroleos Mexicanos, the state oil company, is seen by most Mexicans as a blessing but at times a curse to the nation -- a proud symbol of identity, but also of mismanagement, impunity and corruption. Read More
2018-06-18-lazarocardenas

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NGI's Mexico GPI

June 18, 2018

So Long, $3 Gas. Nymex July Futures Tumble 7 Cents on Cooler Outlooks

  • Nymex July natural gas futures plunges as cooler trends show up in weather forecasts
  • Production showing signs of recovery as maintenance winds down
  • Spot gas prices mostly higher but pipeline work leads to volatility in some markets
2018-06-18-LazaroCardenas

Will Mexican Presidential Candidate Lopez Obrador Sing the Golden Oldies of Pemex's Past?

Petroleos Mexicanos, the state oil company, is seen by most Mexicans as a blessing but at times a curse to the nation -- a proud symbol of identity, but also of mismanagement, impunity and corruption.

July Natural Gas Surpasses $3 as Weather Models Point to Increased Heat

  • July natural gas breezes by $3 as heat intensifies
  • Heat causes concern over already low storage inventories
  • New round of maintenance results in more wild swing in some gas markets
Valley-Crossing-Pipeline-20160803111

Construction Begins on Valley Crossing Tex-Mex Natural Gas Pipeline Project

Valley Crossing Pipeline LLC has begun building the Border Crossing Project, the Houston-based Enbridge Inc. subsidiary said in a filing at the Federal Energy Regulatory Commission.
EIAStorage0608

July Natural Gas Flat Despite Surprising Bearish Storage Miss; Spot Gas Mixed

  • Nymex July gas futures contracts ends day relatively flat despite shocker storage report
  • Energy Information Administration reports 96 Bcf build into storage inventories, well above market consensus
  • Cooler trends show up in medium-term weather outlooks
  • Maintenance events wreaking havoc on some spot gas markets
Annual-US-Gross-Exports-to-Mexico-as-a-Percentage-of-US-Dry-Gas-Production-20180614

Mexico Energy Sector Facing Uncertainty from Election, but Long Term Reform is ‘Extraordinary’

Mexico’s historic energy reform launched four years ago may hit a few bumps if, as expected, left-wing presidential candidate Andres Manuel Lopez Obrador is elected on July 1, but there’s no turning back now, experts said last week.
EIAStorage0608

Heat Lifts July Natural Gas Ahead of Thursday’s EIA Report; Spot Gas Mostly Lower

  • Nymex July natural gas contract climbs to $2.963 on near-term heat
  • Market expectations for Thursday’s EIA storage report are for an inventory build in the low 90s Bcf
  • Bud downgraded to tropical storm; storm could be limiting liquefied natural gas imports on Mexico’s West coast
  • BREAKING: EIA reports a 96 Bcf injection into storage for the week ending June 8

3D"Sign

NGI's Bidweek Alert Day 5 - May 31st for June 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 -- -0.1375 to -0.1075
Texas Eastern S. TX -- 0.05 to 0.05
Transco Zone 1 -- -0.08 to -0.08
East Texas
Carthage -- -0.17 to -0.12
Houston Ship Channel 3.00 to 3.05 --
Katy -- --
NGPL TexOk 2.67 to 2.68 -0.17 to -0.16
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- -0.12 to -0.12
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 1.77 to 1.99 -1.08 to -1.06
Transwestern 2.00 to 2.01 --
Waha 1.96 to 1.98 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 2.58 to 2.74 --
Chicago - Nicor Gas 2.58 to 2.63 --
Chicago - NIPSCO 2.70 to 2.74 --
Chicago - North Shore -- --
Chicago - Peoples -- --
Consumers Energy -- -0.17 to -0.16
Dawn 2.65 to 2.75 -0.215 to -0.18
Emerson -- -0.425 to -0.39
Joliet -- --
Lebanon -- -0.30 to -0.30
Michigan Consolidated 2.70 to 2.70 -0.24 to -0.20
NGPL Amarillo Mainline -- --
Parkway/Union -- --
REX into ANR - Shelby -- -0.345 to -0.31
REX into MGT - Edgar -- -0.28 to -0.28
REX into NGPL - Moultrie -- --
REX into PEPL - Putnam -- -0.29 to -0.29
REX into Trunk - Douglas -- -0.30 to -0.29
Midcontinent
ANR SW 2.23 to 2.23 -0.65 to -0.65
Enable East 2.64 to 2.65 -0.30 to -0.245
Enable West -- --
NGPL Midcontinent 2.36 to 2.36 -0.61 to -0.61
Northern Border Ventura 2.60 to 2.61 --
Northern Natural Demarc 2.43 to 2.58 --
Northern Natural Ventura 2.45 to 2.60 --
OGT -- -1.08 to -1.05
Panhandle Eastern 2.21 to 2.32 -0.67 to -0.645
Southern Star -- -0.65 to -0.65
North Louisiana/Arkansas
Perryville -- -0.12 to -0.12
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.1675 to -0.16
Trunkline Zone 1A -- -0.21 to -0.20
South Louisiana
ANR SE -- -0.18 to -0.17
Columbia Gulf Mainline -- -0.175 to -0.145
Columbia Gulf onshore -- --
Florida Gas Zone 2 -- --
Henry Hub -- --
Southern Natural -- -0.06 to -0.05
Tennessee Line 500 -- --
Tennessee Line 800 -- -0.09 to -0.09
Texas Eastern E. LA -- -0.08 to -0.06
Texas Eastern W. LA -- -0.075 to -0.075
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.05 to -0.04
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- 0.015 to 0.04
Texas Eastern M-1, 30 -- --
Transco Zone 4 -- -0.05 to -0.035
Transco Zone 5 -- 0.055 to 0.065
Transco Zone 5 North -- 0.06 to 0.06
Transco Zone 5 South -- 0.055 to 0.065
Appalachia
Columbia Gas -- -0.28 to -0.225
Dominion North -- -0.66 to -0.66
Dominion South -- -0.68 to -0.61
Leidy Hub -- --
Millennium East Pool -- -1.50 to -1.30
Tenn Zone 4 200L -- -0.4875 to -0.42
Tennessee Zn 4 313 Pool -- -0.5175 to -0.5125
Tennessee Zn 4 Marcellus -- -1.50 to -1.33
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.72 to -0.64
Texas Eastern M-3, Delivery -- -0.61 to -0.565
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -1.51 to -1.30
Northeast
Algonquin Citygate -- -0.40 to -0.375
Algonquin Citygate (non-G) -- -0.40 to -0.375
Algonquin Receipts -- --
Iroquois Zone 2 -- -0.30 to -0.25
Iroquois, Waddington -- -0.285 to -0.26
Niagara -- -0.39 to -0.39
Tenn Zone 5 200L -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- -0.30 to -0.30
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- -0.25 to -0.18
Transco Zone 6 non-NY North -- -0.25 to -0.18
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- -0.20 to -0.12
Rocky Mountains
Cheyenne Hub 2.04 to 2.14 --
CIG 1.96 to 2.04 --
CIG DJ Basin -- --
El Paso Bondad -- --
El Paso non-Bondad 1.94 to 2.10 --
Kern River 2.10 to 2.10 --
Kingsgate -- --
Northwest S. of Green River 2.03 to 2.06 --
Northwest Sumas 1.41 to 1.51 --
Northwest Wyoming Pool -- --
Opal 2.05 to 2.15 --
Questar -- --
Stanfield -- --
Transwestern San Juan 2.11 to 2.15 --
White River Hub 2.07 to 2.07 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery -- --
California
Malin 2.05 to 2.15 --
PG&E Citygate 3.04 to 3.12 --
SoCal Citygate 3.41 to 3.75 --
Southern Border, PG&E 2.08 to 2.11 --
Southern Border, SoCal 2.27 to 2.47 --
SoCal Border Avg. 2.27 to 2.47 --
Canada
Empress 2.57 to 2.57 --
NOVA/AECO C 0.78 to 0.94 --
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.