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.
Archive / Author
SubscribeLeticia Gonzales
Articles from Leticia Gonzales
Volatility Returns to Natural Gas Market as Futures Surge; Cash Rallies Despite Mild Temps
A significantly hotter shift in some of the weather models was enough to help natural gas futures recover more than half of last week’s roughly 20-cent plunge. The July Nymex gas futures contract skyrocketed 11.7 cents on Monday to settle at $2.303. August jumped 11.5 cents to $2.284.
June 24, 2019
Natural Gas Futures Crash to New Low after EIA Delivers Shocking 115 Bcf Storage Build
A hugely bearish storage report swept the floor out from under U.S. natural gas prices Thursday, sending the prompt month down to a fresh low and crushing any hopes that market bulls had of reviving prices. The July Nymex gas futures contract, which had traded in positive territory early in the session, went on to settle 9.1 cents lower at $2.185/MMBtu. August dropped 9.7 cents to $2.166.
June 21, 2019
Natural Gas Futures Pause as Weather Models Cool; Cash Sinks to Near $1 in California
Natural gas futures closed last week in positive territory, but only as a sign that the market stopped for a breather after Thursday’s dramatic plunge, not any renewed bullish momentum. After climbing as high as $2.222, the July Nymex gas futures contract settled Friday at $2.186, up one-tenth of a cent. Similarly modest shifts were seen throughout the curve.
June 21, 2019
Rain Drenches Weekly Natural Gas Prices; Futures Crumble as Storage Swells
Another week without widespread heat left natural gas prices mixed for the June 17-21 period, with modest gains in much of the country taking a back seat to extreme weakness in California and Rockies. TheNGISpot GasWeekly Avg.dropped 6 cents to $1.93.
June 21, 2019
EIA Reports 115 Bcf Storage Build, Drops Mic on Natural Gas Futures
The Energy Information Administration (EIA) dropped another bombshell on the natural gas market, reporting a 115 Bcf injection into storage inventories for the week ending June 14.
June 20, 2019
Mexico Exports Surge; Expected Large Natural Gas Storage Build Keeps Ball in Bears’ Court
Natural gas futures continued to slide on Wednesday as weather models, while converging, failed to trend much warmer for the end of June/early July period. With another 100 Bcf-plus storage injection expected on Thursday, the July Nymex gas futures contract fell 5.2 cents to $2.276/MMBtu. August slipped 4.8 cents to $2.263.
June 20, 2019
NGI The Weekly Gas Market Report
Little Hope for Natural Gas Bulls as Weather, Storage Send Forward Prices Lower
A series of thunderstorms that continue to barrel across the United States drenched any hopes that natural gas bulls could continue to ride last week’s forward price momentum. A lack of confidence in long-term weather data and eyes on another 100 Bcf-plus storage injection put additional pressure on the forward markets, sending July prices down an average 5 cents from July 13-19, according to NGI’s Forward Look.
June 20, 2019
New Day, New Low as Natural Gas Futures Crumble After Storage Data; Cash Slips Too
A hugely bearish storage report swept the floor out from under natural gas prices Thursday, sending the prompt month down to a fresh low and crushing any hopes that market bulls had of reviving prices. The July Nymex gas futures contract, which had traded in positive territory early in the session, went on to settle 9.1 cents lower at $2.185/MMBtu. August dropped 9.7 cents to $2.166.
June 20, 2019
Natural Gas Futures Fall Despite Sharp Drop in U.S. Production
A notable decline in U.S. natural gas production did nothing to deter bears who took back control of the market on Tuesday. With weather models remaining at odds over the intensity and duration of an expected heat wave later this month, the July Nymex gas futures contract fell 5.8 cents to settle at $2.328. August dropped 6.2 cents to $2.311.
June 19, 2019
Natural Gas Traders Eye 100 Bcf Storage Build, Send Futures to New Low
Natural gas futures continued to slide on Wednesday as weather models, while converging, failed to trend much warmer for the end of June/early July period. With another 100 Bcf-plus storage injection expected on Thursday, the July Nymex gas futures contract fell 5.2 cents to $2.276/MMBtu. August slipped 4.8 cents to $2.263.
June 19, 2019