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.
Includes deals done at the Opal Hub in Lincoln County, WY. Our index also contains deals done at the Muddy Creek Compressor station, and the Pioneer, Hams Fork, and Roberson Creek receipt points along Kern River Pipeline. Connecting pipelines in the Opal area include Kern River, Northwest, Colorado Interstate Gas (CIG), Rockies Express, Questar, Overthrust Pipeline, and Wyoming Interstate Company (WIC).
A popular mantra in the world of energy is that there’s no better cure for low prices than low prices, and that slogan rang true for the May 18-22 period as cheap natural gas incentivized power burns across the Lower 48, driving up weekly spot gas prices. Despite a generally mild weather pattern over most areas, NGI’s Weekly Spot Gas National Avg. jumped 9.5 cents to $1.615.
Natural gas futures traded both sides of even on Friday as the market steadied a bit while continuing to weigh steep production cuts, seasonal weather and hefty liquefied natural gas demand losses. The June Nymex gas futures contract ultimately closed the week at $1.731/MMBtu, up 2.1 cents from Thursday’s close. July picked up 2.9 cents to reach $1.881.
Fresh off a nearly 14-cent run, natural gas futures edged higher again Tuesday as the market continued to digest the sharp drop in production over the weekend. With weather models hinting at an increasingly supportive picture for summer heat, the June Nymex gas futures contract settled at $1.830, 4.7 cents higher day/day. July rose 2.6 cents to $1.985.
Natural gas futures bounced around a bit on Friday, but ultimately capped the week on a soft note despite some slight tightening in supply/demand balances. The June Nymex gas futures contract settled at $1.646, down 3.5 cents from Thursday’s close. July fell 5.1 cents to $1.833.
Spot natural gas prices came roaring back for the first week of May, driven higher by cooling demand from the West Coast to the Southeast and heating demand in the Midwest and East. An surge in futures early in the week also lent support to markets, with the NGI Weekly Spot Gas National Avg. rocketing some 20.5 cents higher to $1.750.
Natural gas futures capped the first week of May with a third straight day of losses as near-term demand weakness trumped a sustained drop in production. The June Nymex gas futures contract settled Friday on the lower end of its trading range, off 7.1 cents day/day at $1.823. July fell 5.0 cents to $2.077.
Friday marked another choppy day for natural gas futures, with prices initially fueled by a sharp decline in production but then pressured by weak cash prices and soft demand. The June Nymex gas futures contract ultimately settled at $1.890, down 5.9 cents from Thursday’s close. July slipped 3.6 cents to $2.134.
A chilly start to the week for much of the United States, and lingering cool weather on the East Coast to end the week, led to robust gains for spot gas prices for the April 20-24 week. NGI’s Weekly Spot Gas National Avg. jumped 10.0 cents to $1.595.
After a quiet start, increased selling late in Friday’s trading session led to another day of pronounced swings in the natural gas futures market. The May Nymex contract capped the week at $1.746, down 6.9 cents from Thursday’s close. June dropped 4.7 cents to $1.895.
The Energy Information Administration reported that natural gas storage inventories grew by 43 Bcf for the week ending April 17, well within...
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.