Weekly natural gas cash prices fell during the week to their lowest levels in years, undercut by the early onset of weak spring-like seasonal demand and continued delays in the restart of Freeport LNG’s third train. NGI’s Weekly Spot Gas National Avg. for the March 11-15 trading period fell 24.5 cents/MMBtu to $1.225 as some…
Topic / NGI Weekly Gas Price Index
SubscribeNGI Weekly Gas Price Index
Articles from NGI Weekly Gas Price Index
Weekly Natural Gas Cash Prices Rise as Production Cuts Take Hold
Weekly natural gas cash prices rose in the week as production cuts played catch-up with winter’s early demise in an attempt to balance markets and slow growing storage surpluses. NGI’s Weekly Spot Gas National Avg. for the March 4-8 trading period rose 3.0 cents/MMBtu to $1.470. Bucking the trend higher, West Texas spot prices fell…
Weekly Natural Gas Cash Prices Fail to Follow Futures Higher As Winter Fades
Weekly natural gas cash prices sank to their lowest levels of the year as weakening weather-driven demand outweighed supportive trends in production and LNG exports. NGI’s Weekly Spot Gas National Avg. for the February 29 to March 1 trading period for March gas delivery fell 11.0 cents/MMBtu to $1.440. Leading regional declines were the Northeast…
Weekly Natural Gas Cash Prices, Futures Surrender to Mother Nature’s Meek Winter Disposition
Weekly natural gas spot prices trended lower as soft weather-driven demand overshadowed fresh signs of lower production and more output cuts to come. NGI’s Weekly Spot Gas National Avg. for the holiday-shortened February 20-23 trading period fell 23.5 cents to $1.550. Leading cash price decliners for the week included Southern Border, PG&E in the West,…
Weekly Natural Gas Spot Prices Sputter Despite Nor’easter; Futures Flail
Weekly natural gas cash prices lost ground despite brief bouts of wintry weather and stronger heating demand in parts of the central and eastern United States. This was offset by mild temperatures elsewhere and robust production that ultimately hampered both physical markets and futures. NGI’s Weekly Spot Gas National Avg. for the Feb. 12-16 period…
Weekly Natural Gas Spot Prices Weaken as Mild Weather Dominates
Weekly natural gas cash prices remained under pressure for a fourth week as unseasonably mild February weather limited heating demand across much of the country, while a tanking in natural gas futures contributed to an overriding bearish market sentiment. NGI’s Weekly Spot National Avg. for the Feb. 5-9 period fell 15.0 cents to $1.965. While…
Weekly Natural Gas Spot Prices Tumble as Warmer Weather Saps Demand
Weekly natural gas cash prices lost ground for a third week as mild weather limited demand for heating across much of the Lower 48. NGI’s Weekly Spot National Avg. for the Jan. 31-Feb. 2 period fell 26.5 cents to $2.115, with declines in all but the Northeast region. Cold weather supported an uptick at a…
Weekly Natural Gas Spot Prices Slide as ‘Warmest Patterns of the Past 50 Years’ Hits Demand
Weekly natural gas cash prices fell for a second week as milder winter weather deflated demand across much of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the Jan. 22-26 period tumbled $2.165 to $2.380/MMBtu with declines in all regions. The Northeast led the way down. Iroquois Zone 2 collapsed $13.480 to average…
Weekly Natural Gas Spot Prices, Futures Sputter After Winter’s Worst Cold
Weekly natural gas cash prices lost ground for the first time this year with the brunt of the season’s worst winter storm passed and set to give way to warmer temperatures. NGI’s Weekly Spot Gas National Avg. for the holiday-shortened Jan. 16-19 period fell $1.520 to $4.545/MMBtu. Prices in most regions declined in the trading…
Weekly Natural Gas Spot Prices, Futures Post Robust Gains on Bone-Chilling Cold
Weekly natural gas cash prices gained substantial ground for the second time early in the new year amid frigid temperatures across much of the Lower 48 and lighter production readings. NGI’s Weekly Spot Gas National Avg. for the Jan. 8-12 period cruised ahead $3.095 to $6.065. Big gainers peppered the Lower 48. Malin in the…