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Leticia Gonzales

Leticia Gonzales joined Natural Gas Intelligence as a markets contributor in 2014 after nine years at S&P Global Platts, where she was involved in producing the daily and forward price indexes for U.S. electricity and natural gas markets. She joined NGI full time in 2019 to cover North American natural gas markets and news and in 2021 was appointed Price & Markets Editor. In this role, Leticia oversees NGI's Daily Gas Price Index, including the process for calculating, monitoring, and publishing its natural gas daily prices.

February Bidweek Trading Gets Off to Choppy Start Following Record Storage Draw, Lingering Outages

February Bidweek Trading Gets Off to Choppy Start Following Record Storage Draw, Lingering Outages

Spooked by the natural gas market’s third-largest storage withdrawal on record that took a huge bite out of the supply surplus, traders sent February baseload prices higher for several U.S. locations on the first day of bidweek trading, according to NGI’s Bidweek Alert (BWA). Gains were strongest in the West, where California’s SoCal Citygate traded…

January 26, 2024
Plentiful Natural Gas Supplies Weigh Heavily on January Bidweek Trading

Plentiful Natural Gas Supplies Weigh Heavily on January Bidweek Trading

Absent much convincing cold in the forecast – and near-record production – natural gas prices were trending lower for January baseload delivery, according to NGI’s Bidweek Alert (BWA). Notably, prices fell hardest in the West, a sharp turnaround from this time last year when Winter Storm Elliott slammed large swaths of the country ahead of…

December 22, 2023
Oklahoma-Based Mach Adding to Anadarko Footprint with Paloma Deal

Oklahoma-Based Mach Adding to Anadarko Footprint with Paloma Deal

Mach Natural Resources LP is looking to expand its footprint in the Anadarko Basin of Oklahoma with the $815 million purchase of about 62,000 net acres from private equity-backed Paloma Partners IV LLC. Under the deal announced Monday, which is expected to close by the end of December, Oklahoma City-based Mach would acquire the acreage…

November 16, 2023
Federal Regulators Urge Enhanced Winterization Standards for Natural Gas, Electricity Systems 

Federal Regulators Urge Enhanced Winterization Standards for Natural Gas, Electricity Systems 

The energy sector remains vulnerable to extreme cold weather and must remain steadfast in implementing the previous recommendations outlined by federal regulators to shore up reliability, particularly those addressing the interdependence of natural gas and electricity. In a final report published Tuesday on Winter Storm Elliott, which ravaged the U.S. East Coast and whose impacts…

November 8, 2023
EnLink Sees Permian Driving ‘Modest Growth’ in 2024 Ahead of More Bullish Long-Term Natural Gas Demand

EnLink Sees Permian Driving ‘Modest Growth’ in 2024 Ahead of More Bullish Long-Term Natural Gas Demand

EnLink Midstream LLC continues to see signs of an increasing need for natural gas, with the Permian Basin poised for significant growth ahead following a record quarter. Dallas-based EnLink reported that average natural gas gathering volumes in the Permian were about 6% higher sequentially and 15% higher than the prior-year quarter. Average natural gas processing…

November 8, 2023
Natural Gas Production Growth Leading to Lower Prices for Consumers This Winter, Says AGA

Natural Gas Production Growth Leading to Lower Prices for Consumers This Winter, Says AGA

Following a summer in which robust production helped loosen supply/demand balances, U.S. natural gas consumers are expected to see lower and more stable prices this winter, according to the American Gas Association (AGA). In its Winter Heating Outlook 2023, published Monday, AGA said home heating prices are expected to decline by an average of 21%…

October 31, 2023
Winter Blast Seen Stoking Huge Natural Gas Price Gains for November Bidweek

Winter Blast Seen Stoking Huge Natural Gas Price Gains for November Bidweek

Cold air and heavy snow in the Pacific Northwest provided the first dose of what may lie ahead this winter season, fueling large price gains for November baseload natural gas, according to NGI’s Bidweek Alert. Though confined to the U.S. West Coast, a multi-day stretch of well below-average temperatures over parts of the Northern Rockies…

October 26, 2023
California, Texas Electric Grids Experience No Issues Amid Solar Eclipse

California, Texas Electric Grids Experience No Issues Amid Solar Eclipse

Natural gas aided electric grid operators in California and Texas in maintaining stable operations as solar generation dropped during Saturday’s annular eclipse. For the California Independent System Operator (CAISO), total renewable energy – which includes solar and wind – had climbed to 9,919 MW by 8:40 a.m. PT but then plunged to 5,002 MW by…

October 16, 2023
October Bidweek Natural Gas Prices Mixed Amid Stubborn Demand, Improved Supply Outlook

October Bidweek Natural Gas Prices Mixed Amid Stubborn Demand, Improved Supply Outlook

Natural gas prices were mixed for October bidweek, with several U.S. markets driven higher by robust power burns, rebounding LNG demand and tightening supply/demand balances. However, a seasonal decline in temperatures and a vastly improved supply outlook in the West sent prices crashing there. As a result, NGI’s Bidweek National Avg. fell 9.5 cents month/month…

October 2, 2023
Warm Weather Puts Pressure on Weekly Natural Gas Prices, but Bulls Propping Up Futures

Warm Weather Puts Pressure on Weekly Natural Gas Prices, but Bulls Propping Up Futures

Natural gas spot prices ended September with a whimper as the majority of U.S. locations slipped into the red amid modest weather-driven demand. Western hubs led the decline as prices there tumbled as much as 49.5 cents week/week, although NGI’s Weekly Spot Gas National Avg. was down far more muted 3.0 cents to $2.150. Futures…

September 29, 2023
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