Some market participants have contacted natural gas price survey publishers, requesting a change in the December 2014 Christmas week trading/price publishing calendar. Noting the expected lack of trading on the day after Christmas and before the weekend, they have asked that Friday, Dec. 26, 2014 be treated as a holiday for both daily and bidweek natural gas trading and publishing. That would mean that NGI’s Daily Gas Price Index (Daily GPI) and Shale Daily would not be published on that day.
The treatment of Dec. 26 as a holiday would have several implications:
Trades transacted on Wednesday, Dec. 24 would be for flow from Thursday, Dec. 25 through Monday, Dec. 29 and would be published in the Dec. 29 issues of Daily GPI and Shale Daily.
Dec. 26 also would be a bidweek holiday, therefore January 2015 bidweek trading would encompass Tuesday, Dec. 23, Wednesday, Dec. 24, Monday, Dec. 29, Tuesday, Dec. 30, and Wednesday, Dec. 31.
There will be no Daily GPI or Shale Daily publications on Dec. 25 or Dec. 26.
Please submit any comments for/against a change in the natural gas trading/publication schedule to firstname.lastname@example.org by the close of business Nov. 26. We will publish a decision by Dec. 1.
Contact: Alex Steis, (703) 318-8848