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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.

EIA Reports Low-Ball Storage Draw; Reaction Muted as NatGas Futures Already Much Lower

EIA Reports Low-Ball Storage Draw; Reaction Muted as NatGas Futures Already Much Lower

After weeks of tight, bullish surprises, the U.S. Energy Information Administration (EIA) reported a smaller-than-expected 143 Bcf natural gas storage withdrawal for the week ending Feb. 21.

February 27, 2020
March Nymex Natural Gas Settles at Four-Year Low as Weather Remains Unsupportive; Cash Edges Higher

March Nymex Natural Gas Settles at Four-Year Low as Weather Remains Unsupportive; Cash Edges Higher

With brief snaps of cold air expected to continue popping up across the United States into the early part of next month, natural gas bulls took the cue to lift the expiring March Nymex gas futures contract to a $1.880/MMBtu intraday high before aggressive selling into the close pushed the contract down to $1.821, off 2.6 cents day/day. April, which takes over the prompt-month position on Thursday, fell 1.4 cents to $1.837.

February 27, 2020

Low Natural Gas Pricing Aids Record Carbon Reduction for Minnesota Utility Xcel Energy

Low natural gas prices helped further Xcel Energy in its quest to deliver 100% carbon-free electricity to customers by 2050, with the utility recording its largest single-year decline in emissions in 2019.

February 27, 2020
Natural Gas Forwards Tank with Potential for Further Downside Risk

Natural Gas Forwards Tank with Potential for Further Downside Risk

After earlier hints that this week’s cold blast could linger into March, a few warmer revisions during the Feb. 20-26 period sent natural gas forward prices crashing, according to NGI’s Forward Look. The March contract rolled off the board an average 13 cents lower during that time, while April fell 10 cents on average.

February 27, 2020
April Natural Gas Nosedives on Further Warmer Trends in Weather Outlooks, Bearish Storage Data

April Natural Gas Nosedives on Further Warmer Trends in Weather Outlooks, Bearish Storage Data

The April Nymex natural gas futures contract made a splash on its first day at the front of the curve. The prompt month cannon-balled on more major revisions to weather forecasts, shedding some 8.5 cents on Thursday to settle at $1.752/MMBtu. May dropped 8.0 cents to $1.800.

February 27, 2020

Natural Gas Traders Unswayed by Latest Warm Revisions to Weather Outlooks; Cash Rebounds

As oil prices sunk below $50/bbl and stock markets took another nosedive, natural gas futures traders took a breather on Tuesday. With little change to the overall weather picture, the March Nymex gas futures contract closed a rather quiet session at $1.847/MMBtu, up 2.0 cents day/day. April climbed eight-tenths of a cent to $1.851.

February 26, 2020
Late Selling Pressure Drives March NatGas Lower at Expiration; Cash Climbs as Cold Arrives

Late Selling Pressure Drives March NatGas Lower at Expiration; Cash Climbs as Cold Arrives

With brief snaps of cold air expected to continue popping up across the United States into the early part of next month, natural gas bulls took the cue to lift the expiring March Nymex gas futures contract to a $1.880/MMBtu intraday high before aggressive selling into the close pushed the contract down to $1.821, off 2.6 cents day/day. April, which takes over the prompt-month position on Thursday, fell 1.4 cents to $1.837.

February 26, 2020

Warm Weather Keeping Tight Grip on U.S. Natural Gas Futures, Cash

After taking a few steps back last week, natural gas futures moved more convincingly lower on Monday following further warming in the latest weather models. The March Nymex gas futures contract settled at $1.827/MMBtu, down 7.8 cents from Friday’s close. April dropped 7.4 cents to $1.843.

February 25, 2020
4Q2019 Earnings: Cheniere Cites ‘Tougher’ Market for Sanctioning, Confirms Two Canceled Cargoes

4Q2019 Earnings: Cheniere Cites ‘Tougher’ Market for Sanctioning, Confirms Two Canceled Cargoes

Management for Cheniere Energy Inc., the largest liquefied natural gas (LNG) producer in the United States, does “not view significant or prolonged curtailment of U.S. LNG production as a likely scenario” despite the recent cancellation of two cargoes and growing uncertainty about the impacts of the coronavirus.

February 25, 2020

Natural Gas Futures Steady as Market Awaits Next Cold Blast; Cash Bounces

As oil prices sunk below $50/bbl and stock markets took another nosedive, natural gas futures traders took a breather on Tuesday. With little change to the overall weather picture, the March Nymex gas futures contract closed a rather quiet session at $1.847/MMBtu, up 2.0 cents day/day. April climbed eight-tenths of a cent to $1.851.

February 25, 2020