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Oppressive heat spanning most of the United States supported natural gas futures Monday, but cooler-trending long-range outlooks combined with another production record to send prices lower for most of the session. Most analysts considered $2.15 to be the battle line, and bulls came out victorious after a late technical rally lifted the September gas futures contract by a penny to $2.21/MMBtu, while October rose six-tenths of a cent to $2.213. Read More
Mexico Gas Price Index
Mexico’s President Andrés Manuel López Obrador said during his morning press conference Monday that a resolution to the standoff between Mexican utility Comisión Federal de Electricidad (CFE) and natural gas pipeline developers could be reached later this week. Read More
Charts of the Week
Monthly-permian-natgas-production-vs-ngi-bidweek-waha-price-index-20190605-v2
As spot prices in the region have languished near or below zero, natural gas flaring and venting in the Permian...
Editors Picks
Annual-mexico-onshore-proven-probable-and-possible-gas-reserves-20190422
NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column as part of a regular series on understanding this process, written by Eduardo Prud’homme. This is the eighth in the series.
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Gastech Exhibition & Conference
September 17 - 19, 2019
Houston, TX, USA