Daily, Weekly and Bidweek Prices are in U.S.$/MMBtu except for locations in the Canada section which are in Cdn$/GJ. The deals column represents the number of transaction reports used by NGI in the calculation of the price and the volume column, while the sum of the volume of those deals, in thousand MMBtus/day. For more information, please see NGI's Price Methodology.
Forward Prices are expressed in U.S.$/MMBtu and based on indicative data obtained from traders, exchanges and deals provided by energy companies. "Fixed Price" represent the forward prices of gas delivered for each reference period at the various locations/hubs. "Basis Price" represent the differential, for each reference period, between the Henry Hub and various locations/hubs. The Summer and Winter prices are simple averages of Apr-Oct (7 months) and Nov-Mar (5 months) respectively. "Bal Smr" and "Bal Wtr" prices represent simple averages of the remaining months in those seasonal strips (after at least one month has passed). For daily updates of these data in monthly bullets going out 5 years, contact sales at firstname.lastname@example.org.
Houston Ship Channel Description
NGI's Houston Ship Channel Index is comprised of transactions within the "Houston Pipe Line Pool." Our index does not include deals at the "Golden Triangle" area of Beaumont, Port Arthur, and Orange in Jefferson and Orange Counties, TX, nor does it include transactions at the refinery hub in Texas City, which is located in Galveston County, TX. We defer to the locations that ICE includes in its definition of the HPL Pool, which ICE lists as the following meter name and numbers:
Air Liquide Bayport 988001
Air Products La Porte 981281
Air Products Pasadena Chemical 981418
Celanese Clear Lake 988018
Chevron Phillips Cedar Bayou 981024
Dow Deer Park 981506
Enterprise Mont Belvieu 981326
Equistar Channelview North 981373
Equistar Laporte Polymers 981553
ExxonMobil Baytown Refinery 981631
ExxonMobil Plastics Mont Belvieu 981379
Gulf Coast Fractionators 981389
Ineos Chocolate Bayou 981686
Ineos Deer Park 983409
Lanxess Baytown 981550
LCY Elastomers 981531
LyondellBasell Houston Refinery 981063
OptimAltura Channelview Cogen 981563
Oxy Vinyls Battleground Rd 981485
Oxy VinylsLaPorte 981444
San Jacinto Cogen 981554
Shell Deer Park Cogen 981581
Shell Deer Park East 981060
Shell Deer Park South 981095
Targa Mt Belvieu 981084
Valero Houston Refinery 981394
Valero Premcor 981511
ICE HSC HPL Pool meter 987342
Helped by recent model runs returning cold to the outlook, natural gas futures gained Friday as the market looked ahead to the weekend weather data for more clarity on the upcoming pattern. The December Nymex contract picked up 4.1 cents to settle at $2.688/MMBtu after trading as high as $2.724 and as low as $2.606. January settled at $2.750, up 3.1 cents.
A broad swath of chilly temperatures, especially for regions east of the Rockies, sent natural gas spot prices notably higher for the trading week ended Nov. 8; led by big increases in New England, NGI’s Weekly Spot Gas National Avg. gained 31.5 cents to $2.585/MMBtu.
With forecasts over the weekend expected to offer potentially pivotal insight into temperature trends later this month, natural gas futures prices failed to chart a definitive move in either direction Friday. The December Nymex contract traded both sides of even on the way to settling at $2.789/MMBtu, 1.7 cents higher on the day. January added 1.4 cents to $2.873.
Natural gas futures pulled back a few cents Wednesday as the bullish momentum generated by a recent stretch of strongly colder-trending forecasts showed signs of petering out. The December Nymex contract slid 3.4 cents to settle at $2.828/MMBtu after going as high as $2.891. January settled at $2.907, off 3.3 cents.
Further cold trends for an already chilly early-season forecast helped extend a natural gas futures rally Tuesday, although analysts pointed to risks for a reversal given structural oversupply in the market. The December Nymex contract added 4.1 cents to settle at $2.862/MMBtu. January settled at $2.940, up 4.2 cents.
Further cold trends from the latest guidance kept the fire burning for natural gas futures prices Monday, extending last week’s gains for a market focused on early-season weather signals. The December Nymex contract settled 10.7 cents higher at $2.821/MMBtu after probing as high as $2.842. January picked up 9.6 cents to settle at $2.898, while February settled 8.7 cents higher at $2.849.
Early-winter volatility continued in the natural gas futures market Friday as colder-trending weather data helped launch a swift midday rally. After trading as low as $2.575/MMBtu, the December Nymex contract went on to settle near the session’s high at $2.714, up 8.1 cents on the day. January picked up 7.0 cents to settle at $2.802.
The sharp swings higher just keep coming for natural gas futures. With another solid shift to the colder side in the latest weather models, the November Nymex gas futures contract expired Tuesday some 15.1 cents higher at $2.597. December, which takes the prompt-month position on Wednesday, rose a more moderate 8.4 cents to $2.639.
Natural Gas Intelligence (NGI), is a leading provider of natural gas, shale news and market information for the deregulated North American natural gas industry. Since the first issue of Natural Gas Intelligence was published in 1981, NGI has provided key pricing and data relied upon daily by thousands of industry participants in the U.S, Canada and Mexico as well as Central and South America, Europe and Asia.