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
EIA Reports Low-End, Triple-Digit Natural Gas Storage Build
The Energy Information Administration (EIA) on Thursday reported a 102 Bcf injection into storage inventories for the week ending June 7.
Expected Large Storage Build Cuts Natural Gas Futures Rally Short; West Texas Cash Drops
After a brief swing into positive territory, U.S. natural gas futures prices on Wednesday ultimately gave back a bit of the previous three days’ worth of gains as traders focused on an expected triple-digit storage build rather than on increasing heat in weather models. The July Nymex gas futures contract settled 1.3 cents lower at $2.386, with similarly small losses seen through the rest of the curve.
NGI The Weekly Gas Market Report
Natural Gas Forward Prices Mixed as Bulls Fail to Maintain Early Momentum
Natural gas July forward prices rose a nickel on average, although uncertainty about long-term weather trends and current mild weather in most of the country left several markets in the red for the June 6-12 period, according to NGI’s Forward Look.
Nymex Natural Gas Futures Tumble After Traders Digest Another Stout Storage Build
A sixth consecutive triple-digit storage injection proved too much to bear for natural gas futures on Thursday. With weather models pushing back the timing of some expected heat, the July Nymex gas futures contract settled at $2.325, down 6.1 cents. August slipped 5.9 cents to $2.322.
Natural Gas Futures Treading Water Ahead of Open Despite Hotter Weather Models
Not wanting to jump the gun on recent weather data, natural gas traders early Wednesday were holding futures prices relatively steady after the previous day’s 4-cent rally. The July Nymex gas futures contract was trading at $2.394, down about a half-cent, at around 7:45 a.m. ET.
West Texas Prices Crumble; Hotter Forecasts Lift NatGas Futures
In an extremely quiet session for most of Tuesday, U.S. natural gas futures prices rose for a third straight day as weather outlooks began to trend warmer for the latter part of June. However, it wasn’t until midday data trended even hotter that confidence in the forecasts grew, sending the July Nymex up 4.2 cents to settle at $2.399. Gains of 4 cents or more were seen through September, although prices for those contracts remained below $2.40.
NatGas Futures Slip as Traders Eye 100 Bcf-Plus Storage Build; Permian Cash Nears Zero
After a brief swing into positive territory, natural gas futures prices on Wednesday ultimately gave back a bit of the previous three days’ worth of gains as traders focused on an expected triple-digit storage build rather than on increasing heat in weather models. The July Nymex gas futures contract settled 1.3 cents lower at $2.386, with similarly small losses seen through the rest of the curve.
Natural Gas Futures Again Slightly Higher at Open
With changes in the latest weather data trending warmer, natural gas futures were set to open marginally higher Tuesday. The July Nymex gas futures contract was trading at $2.363, up six-tenths of a cent, at 7:45 a.m. ET.
Natural Gas Futures Post Modest Gain Despite Demand Losses
Monday marked the second consecutive gain for natural gas futures, but market bulls still have their work cut out for them in trying to reach levels seen last July, when prices averaged nearly $2.80. With U.S. weather models not convinced of any hot weather until later this month at the earliest, Monday’s modest 2-cent gain did little to move away prices from recent three-year lows, with the July Nymex contract settling at $2.357.
Hotter-Trending Forecasts Fuel Natural Gas Futures; Pipe Maintenance Leaves Cash Mixed
In an extremely quiet session for most of Tuesday, natural gas futures prices rose for a third straight day as weather outlooks began to trend warmer for the latter part of June. However, it wasn’t until midday data trended even hotter that confidence in the forecasts grew, sending the July Nymex up 4.2 cents to settle at $2.399. Gains of 4 cents or more were seen through September, although prices for those contracts remained below $2.40.