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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.

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
LNG Exports Seen Driving Rare Pricing Behavior at Henry Hub

LNG Exports Seen Driving Rare Pricing Behavior at Henry Hub

Amid a growing global reach for U.S. natural gas, and the coincidental timing of gas contract expirations, Henry Hub December basis prices are trading at a rare premium to New York Mercantile Exchange (Nymex) futures, NGI Forward Look data show. Historically, Henry Hub basis tracks within a penny or so of the comparable Nymex contract.…

November 24, 2021
Targa Eyeing Another Permian Natural Gas Processing Expansion

Targa Eyeing Another Permian Natural Gas Processing Expansion

After seeing better-than-expected growth in gathering volumes in the Permian Basin, Targa Resources Corp. is planning for another processing plant in the Midland sub-basin. The Houston-based midstreamer reported that system inlet volumes rose 7% sequentially in the third quarter, with total Permian inlet volumes reaching a record 2,952 MMcf/d. Management now expects volumes this year…

November 22, 2021
Natural Gas Forwards Discounts Deepen, but Westcoast Reductions Spur Rally in Pacific Northwest

Natural Gas Forwards Discounts Deepen, but Westcoast Reductions Spur Rally in Pacific Northwest

Natural gas forward prices recorded a third straight week in the red as weather models continued to show variability in the forecasts, rather than sustained cold. Liquefied natural gas (LNG) demand, meanwhile, neared all-time highs as production fluctuated but stood well off summer lows. All the gyrations in the supply/demand balance left the December forward…

November 19, 2021
Relentless Sell-Off Continues for Natural Gas Forwards, but Pipeline Issue Rocks Pacific Northwest

Relentless Sell-Off Continues for Natural Gas Forwards, but Pipeline Issue Rocks Pacific Northwest

Natural gas forward prices recorded a third straight week in the red as weather models continued to show variability in the forecasts, rather than sustained cold. Liquefied natural gas (LNG) demand, meanwhile, neared all-time highs as production fluctuated but stood well off summer lows. All the gyrations in the supply/demand balance left the December forward…

November 18, 2021
Natural Gas Issues Blamed for Lion’s Share of Winter Uri Outages, Say Federal Regulators

Natural Gas Issues Blamed for Lion’s Share of Winter Uri Outages, Say Federal Regulators

In an extensive 313-page report, federal regulators have concluded that natural gas-fired generators made up 58% of all unplanned outages, derates or failures to start during the deadly cold weather event in February. The remaining portion of outages was by wind (27%), coal (6%), solar (2%) and other generation types (7%), according to the final…

November 18, 2021
Kern River Gets Favorable DEIS to Expand Natural Gas Conduit to Utah’s IPP

Kern River Gets Favorable DEIS to Expand Natural Gas Conduit to Utah’s IPP

A proposal to expand natural gas capacity on the Kern River Gas Transmission Co. pipeline system to serve a Utah power plant has received a favorable draft environmental review by FERC staff. The draft environmental impact statement (DEIS), issued earlier this month by Federal Energy Regulatory Commission staff said approving the Delta Lateral Project would…

November 16, 2021
Natural Gas Forwards Plunge Further as Supply Improvements, Mild Weather Reduce Winter Risk

Natural Gas Forwards Plunge Further as Supply Improvements, Mild Weather Reduce Winter Risk

A persistently mild forecast continued to grip U.S. natural gas forwards markets during the Nov. 4-10 period, extending losses across the curve as supply neared pre-pandemic highs. December prices plunged an average of 97.0 cents, with losses upward of $2.00/MMBtu in the Northeast amid the comfortable weather pattern and weak cash pricing, NGI’s Forward Look…

November 12, 2021
Winter Risk Premiums Quickly Fading as Natural Gas Forwards Prices Crater

Winter Risk Premiums Quickly Fading as Natural Gas Forwards Prices Crater

A persistently mild forecast continued to grip U.S. natural gas forwards markets during the Nov. 4-10 period, extending losses across the curve as supply neared pre-pandemic highs. December prices plunged an average of 97.0 cents, with losses upward of $2.00/MMBtu in the Northeast amid the comfortable weather pattern and weak cash pricing, NGI’s Forward Look…

November 11, 2021
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