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Leticia Gonzales

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.

May Natural Gas Prices Retreat on Small Fluctuations in Supply/Demand Data

May Natural Gas Prices Retreat on Small Fluctuations in Supply/Demand Data

After a meaningful step higher over the past week or so, natural gas futures steadied a bit on Tuesday and traded in a tight range. Small deviations in supply and demand ultimately sent the May Nymex contract down 2.2 cents to settle at $2.727, while the June contract slipped 1.5 cents to $2.803. Spot gas…

April 20, 2021
Natural Gas Futures Rise Further on Strong Export Demand, Cooler Weather

Natural Gas Futures Rise Further on Strong Export Demand, Cooler Weather

Exports to Mexico hit fresh highs Hike because of lower production, strong power burns and industrial demand LNG exports also near record levels Natural gas futures resumed their climb on Monday, buoyed by near-record export demand and the arrival of chilly weather. With the latest forecast extending and intensifying the cooler temperatures, the May Nymex…

April 20, 2021
Near-Record Export Demand Fuels More Gains for Natural Gas Futures, Cold Snap Boosts Cash

Near-Record Export Demand Fuels More Gains for Natural Gas Futures, Cold Snap Boosts Cash

Natural gas futures resumed their climb on Monday, buoyed by near-record export demand and the arrival of chilly weather. With the latest forecast extending and intensifying the cooler temperatures, the May Nymex contract settled 6.9 cents higher at $2.749. June climbed 6.4 cents to $2.818. Spot gas prices also moved higher in most areas outside…

April 19, 2021
Nymex Natural Gas Futures Close Week Nearly Unchanged, but Long-Term Support Growing

Nymex Natural Gas Futures Close Week Nearly Unchanged, but Long-Term Support Growing

Slow day for natural gas futures as weather models maintain generally bearish forecast Coming week could see stronger demand in Midwest, East Cash prices fall further on East Coast Natural gas futures action was quiet on Friday, with traders content leaving their positions intact amid little fresh news to drive prices one way or the…

April 12, 2021
Low Spring Demand Takes Toll on Weekly Natural Gas Prices; Futures Quiet Too, but Stronger Pricing Looms

Low Spring Demand Takes Toll on Weekly Natural Gas Prices; Futures Quiet Too, but Stronger Pricing Looms

Picture-perfect weather across the country sank spot gas prices for the April 5-9 week, with markets on the East Coast leading the way with the steepest losses in the Lower 48. NGI’s Weekly Spot Gas National Avg. ultimately fell 15.0 cents week/week to average $2.250. Nymex futures were far less volatile, aside from the start…

April 9, 2021
‘Trapped’ May Nymex Natural Gas Contract Fails to Budge Again; Cash Closes Week Lower

‘Trapped’ May Nymex Natural Gas Contract Fails to Budge Again; Cash Closes Week Lower

Natural gas futures action was quiet on Friday, with traders content leaving their positions intact amid little fresh news to drive prices one way or the other. The May Nymex gas futures contract closed the week at $2.526, up only four-tenths of a cent from Thursday’s close. June slipped two-tenths of a cent to $2.605.…

April 9, 2021
Natural Gas Forwards Slide Amid ‘Sleepy Shoulder Season,’ but Fundamentals ‘Still Look Solid’

Natural Gas Forwards Slide Amid ‘Sleepy Shoulder Season,’ but Fundamentals ‘Still Look Solid’

A major revision in the April weather forecast coming back from the Easter weekend took a big chunk out of natural gas forward prices for the period ending April 8. The short work week ended with the May contract down an average 10.0 cents and the balance of summer (May-October) off 7.0 cents, according to…

April 9, 2021
EIA Storage Data Fails to Move Natural Gas Price Needle, but Bullish Momentum Expected Soon

EIA Storage Data Fails to Move Natural Gas Price Needle, but Bullish Momentum Expected Soon

Natural gas futures traders brush off EIA storage report Warm April keeps prices in check, but support seen by May Cash prices mixed; Algonquin experienced unplanned outage at Weymouth (again) Natural gas futures waffled in and out of the green Thursday after the weekly storage data failed to offer any surprises, and weather models maintained…

April 9, 2021
Natural Gas Futures Steady After Storage Data Fails to ‘Turn the Tide’

Natural Gas Futures Steady After Storage Data Fails to ‘Turn the Tide’

Natural gas futures waffled in and out of the green Thursday after the weekly storage data failed to offer any surprises, and weather models maintained a warm pattern for the near term. The May Nymex gas futures contract ultimately settled two-tenths of a cent higher at $2.522/MMBtu. June picked up a penny to reach $2.607.…

April 8, 2021
Warm April Sinks Natural Gas Forward Prices, but Bullish Momentum Seen Building

Warm April Sinks Natural Gas Forward Prices, but Bullish Momentum Seen Building

A major revision in the April weather forecast coming back from the Easter weekend took a big chunk out of natural gas forward prices for the period ending April 8. The short work week ended with the May contract down an average 10.0 cents and the balance of summer (May-October) off 7.0 cents, according to…

April 8, 2021
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