Archive / Author

Subscribe

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.

Crescent Point Boosting Spending for ‘Active’ Oil, Gas Drilling in Kaybob Duvernay

Crescent Point Boosting Spending for ‘Active’ Oil, Gas Drilling in Kaybob Duvernay

Calgary-based Crescent Point Energy Corp. recorded a 10% increase in natural gas production during the third quarter, but the company is focusing on the Kaybob Duvernay formation for liquids growth over the next five years. Management said natural gas output hit 144.3 MMcf/d during the quarter, up from 130.8 MMcf/d a year earlier. Natural gas…

November 8, 2022
As ‘Perilous’ Winter Looms, Biden Urged to Support New England Natural Gas Infrastructure

As ‘Perilous’ Winter Looms, Biden Urged to Support New England Natural Gas Infrastructure

Natural gas transporters are urging the Biden administration to pursue a long-term solution to New England’s energy security issues ahead of a potentially “perilous” winter season. In a letter to the White House on Monday, Interstate Natural Gas Association of America (INGAA) CEO Amy Andryszak called on the president to address “the root cause of…

November 8, 2022
Sub-Zero Temps Fuel Record Natural Gas Cash Prices, but Quick Warm-Up Sends Futures Floundering

Sub-Zero Temps Fuel Record Natural Gas Cash Prices, but Quick Warm-Up Sends Futures Floundering

February got off to a wild start in the natural gas spot market during the Jan. 31-Feb. 3 trading week. Parts of the Northeast saw prices surge to record highs, all to come crashing down the very next day. When the dust settled, NGI’s Weekly Spot Gas National Avg. climbed $1.375 to $6.255/MMBtu. Nymex natural…

February 3, 2023
Bloodshed in Natural Gas Futures, Cash Markets as Temperatures Quickly Thaw

Bloodshed in Natural Gas Futures, Cash Markets as Temperatures Quickly Thaw

Natural gas futures continued to sell off on Friday as an expected warmup and likely rebound in production over the weekend pressured prices. The March Nymex gas futures contract closed out the week at $2.410/MMBtu, off 4.6 cents on the day. April futures slid 4.2 cents to $2.480. At A Glance: February forecast seen bearish…

February 3, 2023
Spot Gas Prices Surge in New England Ahead of Arctic Blast; Futures Shed a Penny

Spot Gas Prices Surge in New England Ahead of Arctic Blast; Futures Shed a Penny

Natural gas futures slipped further into the red on Thursday despite the potential for cold weather to return to the Lower 48 within the next couple of weeks. With mixed messages in the latest storage data, and Freeport LNG not yet back online, the March Nymex gas futures contract settled at $2.456/MMBtu, down 1.2 cents…

February 3, 2023
New England Natural Gas Surges as Wind Chill Could Plunge 100 Degrees Below Zero; Futures Lose a Penny

New England Natural Gas Surges as Wind Chill Could Plunge 100 Degrees Below Zero; Futures Lose a Penny

Natural gas futures slipped further into the red on Thursday despite the potential for cold weather to return to the Lower 48 within the next couple of weeks. With mixed messages in the latest storage data, and Freeport LNG not yet back online, the March Nymex gas futures contract settled at $2.456/MMBtu, down 1.2 cents…

February 2, 2023
Natural Gas Futures Prices Slip Ahead of Storage Draw, Moderating Temperatures

Natural Gas Futures Prices Slip Ahead of Storage Draw, Moderating Temperatures

Natural gas futures failed to sustain momentum, sliding midweek as traders brushed off what are likely to be temporary declines in production related to freeze-offs and instead focused on a quick warm-up expected this weekend. The March Nymex contract settled Wednesday at $2.468/MMBtu, down 21.6 cents from Tuesday’s close. At A Glance: BREAKING: U.S. EIA…

February 2, 2023
Natural Gas Futures Relatively Steady Amid Mixed Signals in Latest EIA Storage Report

Natural Gas Futures Relatively Steady Amid Mixed Signals in Latest EIA Storage Report

The U.S. Energy Information Administration (EIA) said 151 Bcf was withdrawn from natural gas inventories for the week ending Jan. 27, coming in on the high side of estimates ahead of the weekly report. Notably, however, the latest government data included a revision from the previous week’s report, which reflected slightly higher levels of storage.…

February 2, 2023
Natural Gas Futures Flounder as Quick Warm-Up Seen Negating Impacts from Winter Storm Mara

Natural Gas Futures Flounder as Quick Warm-Up Seen Negating Impacts from Winter Storm Mara

Natural gas futures failed to sustain momentum, sliding midweek as traders brushed off what are likely to be temporary declines in production related to freeze-offs and instead focused on a quick warm-up expected this weekend. The March Nymex contract settled Wednesday at $2.468/MMBtu, down 21.6 cents from Tuesday’s close. Spot gas prices were mostly lower,…

February 1, 2023
MPLX Bullish on Natural Gas Growth as Permian, Marcellus Bottlenecks Targeted

MPLX Bullish on Natural Gas Growth as Permian, Marcellus Bottlenecks Targeted

MPLX LP is bumping up its capital spending by $50 million in 2023 to work toward debottlenecking pipeline constraints and expanding gathering and processing (G&P) capacity in the Permian Basin, as well as the Bakken and Marcellus shales. MPLX has set aside $800 million of growth capital for the year, with another $150 million earmarked…

February 1, 2023
Natural Gas Forward Prices Continue to Soften Despite Freeport LNG’s Move Toward Restart

Natural Gas Forward Prices Continue to Soften Despite Freeport LNG’s Move Toward Restart

With February only days away, the natural gas market may be closing the book on winter – and brushing off news of Freeport LNG’s impending restart – as forward prices continued to soften through the Jan. 19-25 period, according to NGI’s Forward Look. The past week’s trading patterns continued the trends that have played out…

January 27, 2023
Freeport News Fails to Stop Natural Gas Bears from Chomping Away at Forward Prices

Freeport News Fails to Stop Natural Gas Bears from Chomping Away at Forward Prices

With February only days away, the natural gas market may be closing the book on winter – and brushing off news of Freeport LNG’s impending restart – as forward prices continued to soften through the Jan. 19-25 period, according to NGI’s Forward Look. The past week’s trading patterns continued the trends that have played out…

January 26, 2023
‹ Previous 1 2 3 274