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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.

Balmy Early December Weather Sinks Spot Natural Gas, Futures Prices

Balmy Early December Weather Sinks Spot Natural Gas, Futures Prices

Spot natural gas prices fell like dominoes during the week’s four-day trading period from Nov. 30-Dec. 3 for December gas delivery amid widespread mild weather that sapped demand. At the end of the trading period, daily gas was trading below $4.00/MMBtu at several locations across the United States, with NGI’s Weekly Spot Gas National Avg.…

December 3, 2021
Colder Turn in Latest Weather Data Snaps Four-Day Slide for Natural Gas Futures

Colder Turn in Latest Weather Data Snaps Four-Day Slide for Natural Gas Futures

In an unsurprising move, natural gas futures bounced back from a four-day decline to finish the week firmly in positive territory. With a boost from technicals, colder changes in the weather models sparked a 7.6-cent rally for the January Nymex gas futures contract, which settled at $4.132. February also climbed 7.6 cents to $4.073. At…

December 3, 2021
Natural Gas Futures Sink Closer to $4 on Stubbornly Mild Forecast; Cash Slips Further

Natural Gas Futures Sink Closer to $4 on Stubbornly Mild Forecast; Cash Slips Further

Natural gas futures could not hold onto early gains Thursday after the latest government storage data failed to generate any buzz in the market. Profit-taking managed to push January Nymex gas futures to a $4.335/MMBtu intraday high early in the session, but with a stubbornly mild weather forecast, the contract eventually settled at $4.056, down…

December 3, 2021
Natural Gas Futures Post Fourth Consecutive Loss on Technically Driven Sell-Off; Cash Still Weak

Natural Gas Futures Post Fourth Consecutive Loss on Technically Driven Sell-Off; Cash Still Weak

Natural gas futures could not hold onto early gains Thursday after the latest government storage data failed to generate any buzz in the market. Profit-taking managed to push January Nymex gas futures to a $4.335/MMBtu intraday high early in the session, but with a stubbornly mild weather forecast, the contract eventually settled at $4.056, down…

December 2, 2021
Natural Gas Futures Sink Further as Forecasts Hint Warmth Could Linger Through Late December

Natural Gas Futures Sink Further as Forecasts Hint Warmth Could Linger Through Late December

Natural gas futures extended their losses for a third straight day as weather models continue to portray a pattern that is more reflective of springtime conditions than winter. After shedding more than 90 cents over the previous two sessions, the January Nymex gas futures contract plunged another 30.9 cents to settle at $4.258/MMBtu. Spot gas…

December 2, 2021
Natural Gas Futures Slips into Red after EIA Reports On-Target 59 Bcf Storage Draw

Natural Gas Futures Slips into Red after EIA Reports On-Target 59 Bcf Storage Draw

The Energy Information Administration (EIA) reported a 59 Bcf withdrawal from natural gas storage inventories for the week ending Nov. 26, which included the Thanksgiving holiday. The draw was nearly dead on with estimates ahead of the EIA report, but much steeper than historical pulls. This initially helped to maintain a modest boost seen along…

December 2, 2021
January Natural Gas Prices Plunge Back to $4.25 as LNG Demand No Match for Mild Weather

January Natural Gas Prices Plunge Back to $4.25 as LNG Demand No Match for Mild Weather

Natural gas futures extended their losses for a third straight day as weather models continue to portray a pattern that is more reflective of springtime conditions than winter. After shedding more than 90 cents over the previous two sessions, the January Nymex gas futures contract plunged another 30.9 cents to settle at $4.258/MMBtu. Spot gas…

December 1, 2021
Natural Gas Customers Looking at Higher Heating Bills This Winter as Fuel Prices Spike; Texas May Get Some Relief

Natural Gas Customers Looking at Higher Heating Bills This Winter as Fuel Prices Spike; Texas May Get Some Relief

Natural gas customers for one of the largest U.S. utilities are set to see bills increase by as much as $71/month this winter as a result of ballooning natural gas prices. CenterPoint Energy Inc. said its local subsidiaries in Arkansas, Indiana, Ohio and Oklahoma could see higher heating bills from November to March when compared…

November 30, 2021
Natural Gas Forwards Snap Three-Week Slide, but Gains May Struggle to Hold Given Lacking Cold

Natural Gas Forwards Snap Three-Week Slide, but Gains May Struggle to Hold Given Lacking Cold

Pockets of cold weather combined with rising production and near-record liquefied natural gas (LNG) demand to create a mixed bag of gains and losses for natural gas forward prices for the trading period from Nov. 18-23, according to NGI’s Forward Look. The most significant losses were seen in the Pacific Northwest, where forward prices plunged…

November 24, 2021
Natural Gas Futures Rally as EIA’s First Storage Withdrawal a ‘Quite Solid’ 21 Bcf

Natural Gas Futures Rally as EIA’s First Storage Withdrawal a ‘Quite Solid’ 21 Bcf

The Energy Information Administration (EIA) reported the season’s first withdrawal from natural gas storage inventories on Wednesday, an on-target 21 Bcf for the week ending Nov. 19. The EIA’s weekly inventory report was published at noon ET on Wednesday because of the Thanksgiving Day holiday. Natural gas futures prices were several cents higher in anticipation…

November 24, 2021
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