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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.

Warm Weather Puts Pressure on Weekly Natural Gas Prices, but Bulls Propping Up Futures

Warm Weather Puts Pressure on Weekly Natural Gas Prices, but Bulls Propping Up Futures

Natural gas spot prices ended September with a whimper as the majority of U.S. locations slipped into the red amid modest weather-driven demand. Western hubs led the decline as prices there tumbled as much as 49.5 cents week/week, although NGI’s Weekly Spot Gas National Avg. was down far more muted 3.0 cents to $2.150. Futures…

September 29, 2023
Natural Gas Futures Lose Momentum as October Outlook Lacks Cold; Cash Prices Mixed

Natural Gas Futures Lose Momentum as October Outlook Lacks Cold; Cash Prices Mixed

The battle for $3.000/MMBtu natural gas is heating up, even if furnaces aren’t quite doing the same. After an initial drop to an intraday low of $2.855, the November Nymex gas futures contract bounced and ultimately settled only 1.6 cents lower on the day at $2.929. December futures slipped 2.8 cents to $3.312. At A…

September 29, 2023
Natural Gas Futures Up Again Thursday as Traders Brush Off Unsupportive EIA Storage Data

Natural Gas Futures Up Again Thursday as Traders Brush Off Unsupportive EIA Storage Data

Natural gas futures managed a fifth straight day of gains on Thursday as buyers continued to buy up the curve in spite of near-term bearish pressure. The November Nymex gas futures contract settled Thursday at $2.945/MMBtu, up 4.6 cents on the day. December futures climbed 5.0 cents to $3.340. Spot gas, which traded Thursday for…

September 29, 2023
Natural Gas Futures Extend Rally Even as EIA Data Point to Rising Storage Surplus; East Cash Below $1.00

Natural Gas Futures Extend Rally Even as EIA Data Point to Rising Storage Surplus; East Cash Below $1.00

Natural gas futures managed a fifth straight day of gains on Thursday as buyers continued to buy up the curve in spite of near-term bearish pressure. The November Nymex gas futures contract settled Thursday at $2.945/MMBtu, up 4.6 cents on the day. December futures climbed 5.0 cents to $3.340. Spot gas, which traded Thursday for…

September 28, 2023
Stout Natural Gas Storage Injection Halts Surplus Erosion, Highlights Congestion Risk in East

Stout Natural Gas Storage Injection Halts Surplus Erosion, Highlights Congestion Risk in East

The Energy Information Administration (EIA) reported an injection of 90 Bcf into natural gas storage inventories for the week ending Sept. 22, snapping an 11-week stretch of surplus-shrinking builds. November Nymex futures, up about 6.0 cents at around $2.960/MMBtu early in Thursday’s trading session, retreated slightly as the EIA print crossed trading desks. By 11…

September 28, 2023
Shoulder-Season Doldrums Seen Pressuring October Baseload Natural Gas Prices

Shoulder-Season Doldrums Seen Pressuring October Baseload Natural Gas Prices

Natural gas prices were trending lower for October bidweek, dragged down by moderate temperatures, soft LNG demand and a host of other bearish factors as the fall shoulder season gets underway, according to NGI’s Bidweek Alert. California led the month/month price decreases as prices at the SoCal Citygate plummeted around $2.000 from the September bidweek…

September 26, 2023
Natural Gas Forward Curves Up as Dwindling Storage Surplus Seen Posing Risk to Winter Supply

Natural Gas Forward Curves Up as Dwindling Storage Surplus Seen Posing Risk to Winter Supply

Natural gas forward prices recovered some ground during the Sept. 7-13 trading period as bullish technical signals and a steadily eroding storage surplus lifted the October contract by an average 10.0 cents, according to NGI’s Forward Look. Small price gains were seen throughout the forward curves, with November prices averaging 9.0 cents higher and the…

September 15, 2023
Natural Gas Forward Prices Rise, but Bearish Headwinds May Intensify This Fall

Natural Gas Forward Prices Rise, but Bearish Headwinds May Intensify This Fall

Natural gas forward prices recovered some ground during the Sept. 7-13 trading period as bullish technical signals and a steadily eroding storage surplus lifted the October contract by an average 10.0 cents, according to NGI’s Forward Look. Small price gains were seen throughout the forward curves, with November prices averaging 9.0 cents higher and the…

September 14, 2023
Natural Gas Forwards Post Steep Discounts, but Dwindling Storage Surplus May Spark Recovery

Natural Gas Forwards Post Steep Discounts, but Dwindling Storage Surplus May Spark Recovery

With Starbucks’ pumpkin-spice lattes in hand, natural gas traders sent forward prices plummeting as crisp air began moving into the country even as Texas continued to bake under triple-digit temperatures. October forward prices fell by an average 30.0 cents from Aug. 31-Sept. 6, with West Coast markets leading the way as losses there were more…

September 8, 2023
Fall’s Impending Arrival Drags Natural Gas Forward Prices Lower

Fall’s Impending Arrival Drags Natural Gas Forward Prices Lower

With Starbucks’ pumpkin-spice lattes in hand, natural gas traders sent forward prices plummeting as crisp air began moving into the country even as Texas continued to bake under triple-digit temperatures. October forward prices fell by an average 30.0 cents from Aug. 31-Sept. 6, with West Coast markets leading the way as losses there were more…

September 7, 2023