Story of the Day

Weather Dominates Front of NatGas Forward Curve; December Falls 17 Cents
Forward Look
One week ago, all eyes were on a cold front that sent temperatures plunging to lows in the teens and 20s and forward prices rallying to double-digit gains. This week, most of those gains were wiped out as weather forecasts suggested the rest of November would see only brief periods of cold, and overall, lower-than-normal demand, according to NGI’s Forward Look. Read More
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Forward Look

November 17, 2017

NWSPrices1116

Weather Dominates Front of NatGas Forward Curve; December Falls 17 Cents

One week ago, all eyes were on a cold front that sent temperatures plunging to lows in the teens and 20s and forward prices rallying to double-digit gains. This week, most of those gains were wiped out as weather forecasts suggested the rest of November would see only brief periods of cold, and overall, lower-than-normal demand, according to NGI’s Forward Look.
Estimated-L48-Weekly-NatGas-Storage-Injection-Withdrawal-20171110

Winter At Last! Plunging Temps Send NatGas Forwards Surging Past Key Resistance…Briefly

Natural gas forwards markets shot up an average 25 cents between Nov. 3 and 9 as all the hype about an approaching cold front came to fruition late in the week, sending temperatures plunging to near-record lows, according to NGI’s Forward Look.

3D"Sign

NGI's Bidweek Alert Day 5 - October 31 for November 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 -- --
Tennessee Zone 0 South -- -0.145 to -0.135
Texas Eastern S. TX -- -0.07 to -0.07
Transco Zone 1 -- -0.09 to -0.085
East Texas
Carthage -- -0.14 to -0.14
Houston Ship Channel 2.78 to 2.78 --
Katy -- --
NGPL TexOk 2.64 to 2.64 -0.16 to -0.15
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- -0.105 to -0.105
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 2.38 to 2.43 --
Transwestern 2.38 to 2.41 --
Waha 2.42 to 2.53 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 2.75 to 2.92 -0.045 to -0.045
Chicago - Nicor Gas 2.75 to 2.92 --
Chicago - NIPSCO 2.80 to 2.91 -0.045 to -0.045
Chicago - North Shore -- --
Chicago - Peoples 2.89 to 2.90 --
Consumers Energy -- -0.075 to -0.055
Dawn 2.73 to 2.93 -0.07 to 0.0025
Emerson -- -0.265 to -0.22
Joliet -- --
Lebanon -- -0.205 to -0.19
Michigan Consolidated 2.76 to 2.80 -0.125 to -0.09
NGPL Amarillo Mainline -- --
Parkway/Union -- --
REX into ANR - Shelby -- -0.205 to -0.19
REX into MGT - Edgar -- -0.185 to -0.185
REX into NGPL - Moultrie -- -0.19 to -0.185
REX into PEPL - Putnam -- -0.20 to -0.20
REX into Trunk - Douglas -- -0.19 to -0.19
Midcontinent
ANR SW 2.48 to 2.55 -0.37 to -0.37
Enable East 2.60 to 2.60 -0.28 to -0.24
Enable West -- --
NGPL Midcontinent 2.50 to 2.66 -0.295 to -0.285
Northern Border Ventura -- --
Northern Natural Demarc 2.75 to 2.75 -0.15 to -0.15
Northern Natural Ventura 2.63 to 2.79 --
OGT 2.34 to 2.45 -0.53 to -0.50
Panhandle Eastern 2.44 to 2.56 -0.42 to -0.3775
Southern Star 2.44 to 2.52 -0.43 to -0.39
North Louisiana/Arkansas
Perryville -- -0.115 to -0.1125
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.1575 to -0.145
Trunkline Zone 1A -- -0.1525 to -0.1475
South Louisiana
ANR SE -- -0.1375 to -0.1225
Columbia Gulf Mainline -- -0.16 to -0.15
Columbia Gulf onshore -- -0.1125 to -0.1125
Florida Gas Zone 2 -- --
Henry Hub -- -0.01 to -0.01
Southern Natural -- -0.0975 to -0.085
Tennessee Line 500 -- -0.095 to -0.0875
Tennessee Line 800 -- -0.105 to -0.10
Texas Eastern E. LA -- -0.12 to -0.1025
Texas Eastern W. LA -- --
Texas Gas Zone SL -- -0.13 to -0.13
Transco Zone 3 -- -0.06 to -0.05
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- -0.04 to -0.035
Texas Eastern M-1, 30 -- --
Transco Zone 4 -- -0.06 to -0.05
Transco Zone 5 -- 0.02 to 0.08
Transco Zone 5 North -- 0.02 to 0.02
Transco Zone 5 South -- 0.045 to 0.08
Appalachia
Columbia Gas -- -0.34 to -0.24
Dominion North -- -1.27 to -1.26
Dominion South -- -1.265 to -1.10
Leidy Hub -- --
Millennium East Pool -- -1.3875 to -1.32
Tenn Zone 4 200L -- -0.80 to -0.68
Tennessee Zn 4 313 Pool -- -1.00 to -0.98
Tennessee Zn 4 Marcellus -- -1.49 to -1.34
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -1.29 to -1.20
Texas Eastern M-3, Delivery -- -1.015 to -0.96
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -1.47 to -1.27
Northeast
Algonquin Citygate -- -0.1525 to 0.05
Algonquin Citygate (non-G) -- -0.1525 to 0.02
Algonquin Receipts -- --
Iroquois Zone 2 -- -0.035 to 0.09
Iroquois, Waddington -- -0.06 to 0.045
Niagara -- --
Tenn Zone 5 200L -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- -0.11 to 0.02
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- -0.21 to -0.13
Transco Zone 6 non-NY North -- -0.21 to -0.13
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- -0.18 to -0.105
Rocky Mountains
Cheyenne Hub 2.49 to 2.60 --
CIG 2.53 to 2.54 --
CIG DJ Basin 2.52 to 2.54 --
El Paso Bondad -- --
El Paso non-Bondad 2.43 to 2.44 --
Kern River -- --
Kingsgate -- --
Northwest S. of Green River 2.58 to 2.60 --
Northwest Sumas 2.57 to 2.73 --
Northwest Wyoming Pool -- --
Opal 2.63 to 2.68 --
Questar -- --
Stanfield -- --
Transwestern San Juan -- --
White River Hub -- --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 2.82 to 2.85 --
California
Malin 2.60 to 2.72 --
PG&E Citygate 3.07 to 3.23 --
SoCal Citygate 3.40 to 3.69 --
Southern Border, PG&E -- --
Southern Border, SoCal 2.75 to 2.94 --
SoCal Border Avg. 2.75 to 2.94 --
Canada
Empress 2.56 to 2.79 --
NOVA/AECO C 1.95 to 2.32 --
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.
© Copyright 2017 Intelligence Press, Inc.

Forward Look prices are in U.S.$/MMBtu for all points including those in Canada.



NGI's Natural Gas Forward Basis Prices are based on indicative data obtained from traders, exchanges and deals provided by energy companies. "Fixed Price" represent the forward prices of natural gas delivered for each reference period at the various locations/hubs. "Basis Price" represent the differential, for each reference period, between the Henry Hub and various locations/hubs. The Summer and Winter prices are simple averages of Apr-Oct (7 months) and Nov-Mar (5 months) respectively. "Bal Smr" and "Bal Wtr" prices represent simple averages of the remaining months in those seasonal strips (after at least one month has passed). For daily updates of these natural gas forward basis data in monthly bullets going out 5 years, contact sales at info@natgasintel.com.