Archive / Author

Subscribe

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.

Tetco Explosion, More Production Cuts Send Natural Gas Futures Blasting Past $2/MMBtu

Tetco Explosion, More Production Cuts Send Natural Gas Futures Blasting Past $2/MMBtu

Natural gas futures raced higher Tuesday as traders assessed overnight news of a pipeline explosion and the resulting drop in production. The June Nymex gas futures contract breezed past the $2/MMBtu mark to settle 14.1 cents higher day/day at $2.134. July jumped 8.2 cents to $2.312, while smaller gains were seen through October with modest losses beyond that.

May 5, 2020
U.S. Natural Gas Futures Slide Amid Weak Cash, Low Demand

U.S. Natural Gas Futures Slide Amid Weak Cash, Low Demand

Friday marked another choppy day for natural gas futures, with prices initially fueled by a sharp decline in production but then pressured by weak cash prices and soft demand. The June Nymex gas futures contract ultimately settled at $1.890, down 5.9 cents from Thursday’s close. July slipped 3.6 cents to $2.134.

May 4, 2020
Production Drop, Cooler Forecasts Fuel Natural Gas Futures; Cash Strong Too

Production Drop, Cooler Forecasts Fuel Natural Gas Futures; Cash Strong Too

Coming off a mild winter, weather models that showed chilly weather lingering a bit longer aided a rebound for natural gas futures to start the week. Reinforced by a sustained drop in production that first showed up at the end of last week, the June Nymex gas futures contract climbed 10.3 cents to settle Monday at $1.993. July rose 9.6 cents to $2.230.

May 4, 2020
Natural Gas Futures Rally After EIA Data Falls Short of Some Estimates; Cash Slides

Natural Gas Futures Rally After EIA Data Falls Short of Some Estimates; Cash Slides

Given so many moving targets in the natural gas market these days, it doesn’t take much to move the price needle. After the latest storage stat came in below some estimates, the June Nymex gas futures contract jumped 8.0 cents to settle Thursday at $1.949. July futures climbed 7.9 cents to $2.170.

May 1, 2020
Natural Gas Forwards Highlight Continued Battle Between Supply/Demand

Natural Gas Forwards Highlight Continued Battle Between Supply/Demand

As the implications of the coronavirus and oil market collapse continue to unravel, natural gas forward prices retreated a bit during the April 23-29 period.

May 1, 2020
With Peak Demand Loss Possibly in the Rear-View Mirror, May Bidweek Natural Gas Prices Rally

With Peak Demand Loss Possibly in the Rear-View Mirror, May Bidweek Natural Gas Prices Rally

Buoyed by an easing of stay-at-home and shutdown mandates amid the ongoing fight against the coronavirus pandemic, May bidweek prices across the Lower 48 emerged from a month of unprecedented demand loss with quarter-plus gains at the majority of pricing hubs.

May 1, 2020
Natural Gas Futures Dragged Lower by Weak Cash in Choppy Session

Natural Gas Futures Dragged Lower by Weak Cash in Choppy Session

Friday marked another choppy day for natural gas futures, with prices initially fueled by a sharp decline in production but then pressured by weak cash prices and soft demand. The June Nymex gas futures contract ultimately settled at $1.890, down 5.9cents from Thursday’s close. July slipped 3.6 cents to $2.134.

May 1, 2020
Heat Boosts Western Markets as Milder Weather Sinks Other Weekly Natural Gas Spot Prices

Heat Boosts Western Markets as Milder Weather Sinks Other Weekly Natural Gas Spot Prices

With only pockets of lingering cool weather across the United States, spot gas prices moved lower for the April 27-May 1 week as the spring season got under way. Led by an extensive sell-off on the East Coast but countered by gains on the West Coast, NGI’s Weekly Spot Gas National Avg. ultimately fell 5.0 cents to $1.545.

May 1, 2020
June Natural Gas Futures Slide as Low Demand Expected to Spark Wave of Strong Storage Builds

June Natural Gas Futures Slide as Low Demand Expected to Spark Wave of Strong Storage Builds

An initial bump in natural gas futures prices failed to gain momentum Wednesday, with demand destruction weighing more heavily on the front of the curve than any declines in production. The June Nymex gas futures contract, on the first day in the prompt-month position, fell 7.9 cents to $1.869. July also dropped 7.9 cents to hit $2.091.

April 30, 2020
Low Demand Takes Toll on Near-Term Natural Gas Forwards

Low Demand Takes Toll on Near-Term Natural Gas Forwards

As the implications of the coronavirus and oil market collapse continue to unravel, natural gas forward prices retreated a bit during the April 23-29 period.

April 30, 2020