Archive / Author

Subscribe

Leticia Gonzales

Leticia Gonzales joined the NGI staff as a markets contributor in October 2014. Prior to joining NGI, Leticia spent nine years at Platts, covering both daily and forwards markets for natural gas and electricity. During her time there, she was a regular on the speaking circuit as well on Platts Energy Week TV. Leticia holds a bachelor of science degree from the University of Houston.

Texas Power Grid Said Ready for Winter Ahead of State’s First Freeze

Texas Power Grid Said Ready for Winter Ahead of State’s First Freeze

The Texas power grid is “winterized and ready to provide power,” the state’s grid operator said Thursday ahead of the state’s first expected freeze. The Electric Reliability Council of Texas (ERCOT) said it completed on-site inspections of mandatory winterization efforts, with results showing the independently owned electric generation fleet and electric transmission companies that serve…

December 30, 2021
January Natural Gas Futures Expire Lower Despite Colder Turns in Latest Weather Data; Cash Soft

January Natural Gas Futures Expire Lower Despite Colder Turns in Latest Weather Data; Cash Soft

Natural gas futures surged midweek as Old Man Winter appeared ready to ring in the new year. Even with the potential for cold weather to last a couple of weeks, though, the January Nymex futures contract expired 3.1 cents lower at $4.024/MMBtu. The incoming prompt-month February contract settled at $3.850, down 3.5 cents from Tuesday’s…

December 30, 2021
Some Permian Disposal Well Permits Suspended by Texas RRC Following Quakes

Some Permian Disposal Well Permits Suspended by Texas RRC Following Quakes

The Railroad Commission of Texas (RRC) has suspended all disposal well permits to inject oil and gas waste into deep strata within a portion of the Permian Basin following a series of earthquakes. The action, taken earlier in December and in effect as of Friday (Dec. 31), applies to 33 deep disposal wells within the…

December 30, 2021
EIA Disappoints with 136 Bcf Storage Withdrawal, Sends February Futures Tumbling

EIA Disappoints with 136 Bcf Storage Withdrawal, Sends February Futures Tumbling

The Energy Information Administration (EIA) reported a 136 Bcf withdrawal from storage inventories for the week ending Dec. 24, well within a wide range of expectations. Natural gas futures prices were already about 8.0 cents lower on the day at $3.768/MMBtu ahead of the EIA report and then slipped another penny as the print crossed…

December 30, 2021
January Natural Gas Futures Succumb to Late Selling Pressure, Expire Lower

January Natural Gas Futures Succumb to Late Selling Pressure, Expire Lower

Natural gas futures surged midweek as Old Man Winter appeared ready to ring in the new year. Even with the potential for cold weather to last a couple of weeks, though, the January Nymex futures contract expired 3.1 cents lower at $4.024/MMBtu. The incoming prompt-month February contract settled at $3.850, down 3.5 cents from Tuesday’s…

December 29, 2021
Texas Natural Gas, Oil Regulator Investigating Another Permian Earthquake

Texas Natural Gas, Oil Regulator Investigating Another Permian Earthquake

The Railroad Commission of Texas (RRC) is suspending all disposal well permits to inject oil and gas waste into deep strata within a portion of the Permian Basin following a series of earthquakes. The action, taken earlier in December and set to take effect on Friday (Dec. 31), applies to 33 deep disposal wells within…

December 29, 2021
Natural Gas Futures Hold Above $4.00 Ahead of Contract Expiration; Cash Rising

Natural Gas Futures Hold Above $4.00 Ahead of Contract Expiration; Cash Rising

Natural gas futures held onto the extensive gains they accumulated at the start of the holiday week, slipping only a few pennies on additional warming in the forecast. The January Nymex contract settled Tuesday at $4.055/MMBtu, off only a half-cent from Monday’s close. The February contract slipped 5.7 cents to $3.885. At A Glance: Weather…

December 29, 2021
Atlantic Bridge Scores Legal Win after Appeals Court Tosses Lawsuit

Atlantic Bridge Scores Legal Win after Appeals Court Tosses Lawsuit

A Massuchusetts appeals court has dismissed a lawsuit challenging one of the approvals of the Weymouth natural gas compressor station along the Atlantic Bridge Project, which transports Appalachia supply into Canada. A three-judge panel agreed with the Supreme Judicial Court judge’s ruling that the Fore River Residents Against the Compressor Station (FRRACS) could not seek…

December 29, 2021
Natural Gas Futures Steady in Rare Quiet Session Ahead of Expiration; Cash Rising

Natural Gas Futures Steady in Rare Quiet Session Ahead of Expiration; Cash Rising

Natural gas futures held onto the extensive gains they accumulated at the start of the holiday week, slipping only a few pennies on additional warming in the forecast. The January Nymex contract settled Tuesday at $4.055/MMBtu, off only a half-cent from Monday’s close. The February contract slipped 5.7 cents to $3.885. Spot gas prices gathered…

December 28, 2021
Contract Expirations Seen Driving Huge Recovery for Natural Gas Futures; West Coast Cash Rallies

Contract Expirations Seen Driving Huge Recovery for Natural Gas Futures; West Coast Cash Rallies

Upcoming contract expirations and some wintry weather in the forecast fueled a massive recovery for natural gas futures on Monday. The January Nymex futures contract settled at $4.060/MMBtu, up 32.9 cents from last Thursday’s close. The February contract jumped 31.2 cents to $3.942. Spot gas prices were a mixed bag at the start of the…

December 28, 2021