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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.

Potential Improvements to Supply Outlook Crush West Coast Natural Gas Forward Prices

Potential Improvements to Supply Outlook Crush West Coast Natural Gas Forward Prices

Natural gas forward prices retreated through the Aug. 10-16 period as long-range forecasts point to a cooler end to the month with an increase in tropical activity. Strong production levels outside of maintenance, lagging LNG demand and robust underground stocks also weighed on the market, sending September forward prices down an average 25.0 cents, according…

August 17, 2023
Natural Gas Futures Fall on Cooler August Outlook, Possible Rain for Texas

Natural Gas Futures Fall on Cooler August Outlook, Possible Rain for Texas

Natural gas futures tumbled on Tuesday, breaking a two-day stretch in which Nymex prices barely budged given only minor changes in fundamentals. With a cooler turn in the latest weather data, the September Nymex futures contract settled at $2.659, off 13.6 cents from Monday’s close. October fell 11.7 cents to $2.781. Spot gas prices also…

August 16, 2023
Natural Gas Bulls Lose Their Grip as Prices Slip on Robust Supply; Cash Retreats

Natural Gas Bulls Lose Their Grip as Prices Slip on Robust Supply; Cash Retreats

Natural gas futures tumbled on Tuesday, breaking a two-day stretch in which Nymex prices barely budged given only minor changes in fundamentals. With a cooler turn in the latest weather data, the September Nymex futures contract settled at $2.659, off 13.6 cents from Monday’s close. October fell 11.7 cents to $2.781. Spot gas prices also…

August 15, 2023
Natural Gas Futures Steady as Heat Bakes Pacific Northwest, Texas; Cash Rises Too

Natural Gas Futures Steady as Heat Bakes Pacific Northwest, Texas; Cash Rises Too

Trading action along the Nymex natural gas futures curve was like watching paint dry on Monday, with the prompt month swinging in a tight range given no major changes to fundamentals. The September Nymex gas futures contract settled at $2.795/MMBtu, up 2.5 cents from Friday’s close. October futures tacked on 1.6 cents to $2.898.  Western…

August 15, 2023
Natural Gas Futures Prices Still Sluggish, but Eke Out Modest Gain

Natural Gas Futures Prices Still Sluggish, but Eke Out Modest Gain

Trading action along the Nymex natural gas futures curve was like watching paint dry on Monday, with the prompt month swinging in a tight range given no major changes to fundamentals. The September Nymex gas futures contract settled at $2.795/MMBtu, up 2.5 cents from Friday’s close. October futures tacked on 1.6 cents to $2.898.  At…

August 14, 2023
Natural Gas Cash, Futures Prices Press Higher Amid Ongoing Texas Heat, Pipeline Work

Natural Gas Cash, Futures Prices Press Higher Amid Ongoing Texas Heat, Pipeline Work

It was an explosive week in both the natural gas cash and futures markets, with pipeline maintenance and a surprise bearish inventory report fueling large price swings during the Aug. 7-11 trading period.  For cash prices, robust power burns amid extreme heat in California and Texas, along with softer production and curbed gas flows, led…

August 11, 2023
Natural Gas Futures Find Some Footing After Beatdown; Cash Slides Ahead of Weekend

Natural Gas Futures Find Some Footing After Beatdown; Cash Slides Ahead of Weekend

Natural gas futures treaded water on Friday as traders continued to digest the latest inventory data. With mostly moderate weather outside of California and Texas keeping demand in check, the September Nymex gas futures contract closed out the week at $2.770/MMBtu, up only seven-tenths of a cent on the day. At A Glance: Storage data…

August 11, 2023
Natural Gas Futures Prices Fall After Bearish EIA Storage Report Stokes Profit-Taking

Natural Gas Futures Prices Fall After Bearish EIA Storage Report Stokes Profit-Taking

In one fell swoop, September natural gas futures erased most of the 25-cent price increase they had amassed over the past three days after a bullish government inventory report. The prompt month Nymex gas futures contract settled Thursday at $2.763/MMBtu, down 19.6 cents day/day. Spot gas prices also softened, sending NGI’s Spot Gas National Avg.…

August 11, 2023
Bears Slash Natural Gas Futures Prices After High-Side EIA Storage Report

Bears Slash Natural Gas Futures Prices After High-Side EIA Storage Report

In one fell swoop, September natural gas futures erased most of the 25-cent price increase they had amassed over the past three days after a bullish government inventory report. The prompt month Nymex gas futures contract settled Thursday at $2.763/MMBtu, down 19.6 cents day/day. At A Glance: 29 Bcf injection surpasses estimates Surplus tightening still…

August 10, 2023
Natural Gas Futures Fall Back After Wednesday Rally

Natural Gas Futures Fall Back After Wednesday Rally

The Energy Information Administration (EIA) said natural gas storage inventories rose by 29 Bcf for the week ending Aug. 4. The larger-than-expected injection sent futures prices, already more than 5.0 cents lower day/day, tumbling further. At A Glance: BREAKING: EIA reports 29 Bcf storage injection Weather models continue to cool Spot gas rises amid pipe…

August 10, 2023
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