Leticia Gonzales joined the NGI staff as a markets contributor in October 2014. Prior to joining NGI, Leticia spent nine years at Platts, covering both daily and forwards markets for natural gas and electricity. During her time there, she was a regular on the speaking circuit as well on Platts Energy Week TV. Leticia holds a bachelor of science degree from the University of Houston.
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Articles from Leticia Gonzales
Sweltering Heat Sparks Surge for Natural Gas Forward Prices
Intensifying heat across the United States led a sharp rally for natural gas forward prices at a time when exports remain slow and uncertainty continues over energy demand recovery amid the coronavirus pandemic. Prices for August natural gas jumped 15.0 cents on average during the July 2-8 period, as did the balance of summer (August-October),…
July 9, 2020
Energy Transfer Not Yet Shutting Down Dakota Access Crude Pipeline as it Renews Stay Request
Energy Transfer LP has “not yet taken any steps to begin shutting down” the Dakota Access pipeline (DAPL) in light of an order by the U.S. District Court for the District of Columbia to temporarily halt operations and empty the 1,172-mile crude oil pipeline while an environmental impact statement (EIS) is completed. Instead, lawyers for…
July 9, 2020
U.S. Supply Curtailments Could Return by 3Q if WTI Crude Prices Hold Near $40/Bbl
If current West Texas Intermediate (WTI) crude oil prices of around $40/bbl are sustained, all previously curtailed U.S. production would return by the end of September, according to Morgan Stanley researchers. In a mid-year outlook issued Wednesday, the Morgan Stanley team, led by Equity Analysts & Commodities Strategist Devin McDermott, said the industry is in…
July 8, 2020
Rising Supplies Seen Keeping Lid on Henry Hub Natural Gas Prices This Summer
Although a reduction in associated natural gas supply had been constructive for Henry Hub prices heading into this winter and next year, analysts expect the ongoing reversal of U.S. supply curtailments by exploration and production (E&P) companies to keep the pressure on the U.S. benchmark for the rest of summer. In a note to clients…
July 8, 2020
In Victory for Lower 48 Pipelines, U.S. Supreme Court Reinstates Key Water-Crossing Permits
The U.S. Supreme Court on Monday issued a unanimous order reinstating the use of a permit employed to fast-track oil and gas pipeline construction, but the ruling specified that it did not apply to the U.S. leg of the hotly contested Keystone XL crude oil pipeline that is at the center of the debate. The…
July 7, 2020
Court Vacates Permits, Orders Dakota Access to Temporarily Shut as Army Corps Prepares EIS
The U.S. District Court for the District of Columbia has ordered Energy Transfer LP to temporarily halt operations on the Dakota Access Pipeline (DAPL) within the next 30 days while an environmental impact statement (EIS) on the crude oil line is completed. The stoppage order was handed down on Monday when the court vacated the…
July 6, 2020
Dow Aiming to Stop Plastic Waste, Lower GHG Emissions
Dow Inc. has outlined a series of initiatives in order to combat plastic waste and achieve carbon neutrality by 2050. In its recently issued 2019 Sustainability Report, Michigan-based Dow said that by 2030, it would reduce its net annual carbon emissions by 5 million metric tons (mmt), or 15% from its 2020 baseline. Additionally, the…
June 30, 2020
Natural Gas Forwards Tread Water, but Ultimately Go Under After ‘Disastrous’ EIA Storage Miss
Although natural gas forward prices steadied a bit during the June 18-24 period, the stage was set Thursday for a massive sell-off after the latest government storage data amplified fears of containment this fall. The Energy Information Administration (EIA) reported that inventories for the week ending June 19 rose by a much larger-than-expected 120 Bcf,…
June 26, 2020
DTE Gas Working to Reduce Michigan’s Carbon Footprint with Aggressive Initiatives
Detroit’s DTE Gas is ramping up its efforts in going green, joining its parent company with a goal to achieve net zero carbon emissions by 2050. The greenhouse gas (GHG) reduction goals, an expansion of DTE Energy Co.’s 2018 ambitions to reduce methane emissions by 80%, include partnering with customers to address up to 100%…
June 26, 2020
KBR Exit from Energy Business to Benefit Other EPCs in U.S. LNG Build-Out
KBR Inc. is exiting the energy business to expand its core government and technology businesses, leaving a handful of North American liquefied natural gas (LNG) projects to seek out new engineering, procurement and construction (EPC) contractors. In an investor presentation earlier this month, CEO Stuart Bradie said the decision to exit “the blue-collar construction and…
June 25, 2020