Storage

Storage

ARTICLES

NatGas Cash, Futures Seemingly Quiet, Yet Next-Day Appalachia Prices Swoon

At first glance next-day physical natural gas prices looked relatively stable with the NGI National Spot Gas Average easing 4 cents to $2.56, but looking closer showed a plunge in Appalachia and Northeast prices offset by steady gains in the Midwest, Midcontinent, Texas, and Louisiana. California prices gained in spite of the effects of load-killing wildfires in northern California. Read More

Physical NatGas, Futures Part Company As Supportive Storage Data Loses Luster

Physical natural gas for Friday delivery managed to piggyback on to Wednesday's gains, and with the exception of the Northeast most points were a nickel to a dime higher. Gains in Louisiana, the Rockies, California, the Midwest, and Midcontinent were able to offset weakness in the Northeast and South Texas, and the NGI National Spot Gas Average added 4 cents to $2.58. Read More