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
Natural Gas Bulls Look to Recover as July Nymex Posts Small Early Gain
After bearish weather outlooks and a massive storage injection sent natural gas futures prices to three-year lows last week, prices were set for a modest rebound early Monday. The July Nymex gas futures contract was trading 1.2 cents higher at about $2.35 at 7:45 a.m. ET.
Small Demand Add in Forecasts Enough to Boost Natural Gas Futures; Cash Remains Weak
Trading action quieted down Friday for natural gas futures as market participants opted to take a breather ahead of the weekend. With a small bit of demand added back into long-term weather forecasts, the July Nymex contract rose 1.3 cents to settle at $2.337/MMBtu. August rose less than a penny to $2.331. Spot gas prices softened amid light weekend demand, with the NGI Spot Gas National Avg. tumbling 9.5 cents to $1.905.
Wounded Natural Gas Bulls Eyeing Recovery After Modest Gain
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.
Stout Natural Gas Supplies Send Futures Down Another Notch
Hefty natural gas supplies were on full display Thursday after the Energy Information Administration (EIA) reported another massive storage injection that sent futures prices tumbling to a fresh low. Spot gas prices also softened amid only small pockets of heat that were on tap for the rest of this week, namely in the West. The NGI Spot Gas National Avg. fell 5.5 cents to $2.00/MMBtu.
Weak Demand, Plump Supplies Drive Steep Sell-Off for Natural Gas Forwards
With early-season heat that boosted demand over the Memorial Day holiday week dissipating during the first week of June, natural gas forward prices plunged as weather outlooks showed continued mild temperatures for most of the remainder of the month, according to NGI’s Forward Look.
Natural Gas Futures Bounce Slightly as Demand Added to Weather Forecasts; Cash Slips
Trading action quieted down Friday for natural gas futures as market participants opted to take a breather ahead of the weekend. With a small bit of demand added back into long-term weather forecasts, the July Nymex contract rose 1.3 cents to settle at $2.337/MMBtu. August rose less than a penny to $2.331. Spot gas prices softened amid light weekend demand, with the NGI Spot Gas National Avg. tumbling 9.5 cents to $1.905.
Easing Temperatures Send Weekly Prices Lower; Permian Rebounds as Pipe Work Ends
After a scorching end to May, temperatures eased a bit for the first week of June, sending natural gas demand and prices lower for the June 3-7 period. Led by steep declines in the Rockies and the Midwest, the NGI Spot Gas Weekly National Avg. fell 7.5 cents to $1.955.
Back-to-Back Bearish Storage Surprises Open Floor for Natural Gas Futures
One week after delivering a massively bearish storage injection, the Energy Information Administration (EIA) reported another triple-digit whopper that sets the stage for more downside in natural gas futures prices.
Natural Gas Bears Send Futures Down Again With No Heat in Sight; Cash Mostly Higher
Not even stronger power burns were enough to stop the renewed downside momentum in natural gas futures prices, which slipped a few cents at the front of the Nymex curve as weather models chopped even more demand from outlooks. Spot gas prices were mostly higher given pockets of localized heat. The NGI Spot Gas National Avg. climbed 12 cents to $2.055.
NGI The Weekly Gas Market Report
Cool June Forecasts Send Natural Gas Forwards Crashing
As early-season heat that boosted demand over the Memorial Day holiday week dissipated during the first week of June, natural gas forward prices plunged as weather outlooks showed far milder temperatures for most of the remainder of the month, according to NGI’s Forward Look.