Transwestern - W. TX West Texas/SE New Mexico Natural Gas Prices

Published: Aug 26, 2019
Weekly Change
-0.465
-38.90%
Month/Month Change
0.075
11.5
Year/Year Change
n/a
n/a
Need access to today's full
Transwestern - W. TX Price Data?
Learn More
Region Location
Wtxtwoth_26082019_7837c61b-1603-4282-a310-e3dd02d32bad

Natural Gas Futures Inch Lower as Fundamentals Hold Steady; Cash Slides Further

The battle over $2.15 natural gas waged on Friday, with bears already pouring their pumpkin-spiced lattes as weather models maintained a fall-like U.S. pattern through early September. Near-record production and liquefied natural gas intake also held firm, leaving little reason for a significant move for the September Nymex futures contract, which settled Friday at $2.152/MMBtu, down seven-tenths of a cent on the day. October fell by the same amount to $2.156. Read More
EIAStorage0822.png

EIA Reports Ho-Hum 59 Bcf Natural Gas Storage Injection; Futures Quiet

The Energy Information Administration (EIA) reported a 59 Bcf injection into storage inventories for the week... Read More

Natural Gas Futures Steady as Production Bumps Heads With LNG; Cash Mixed

An increasingly bullish background for the natural gas market is building with the onset of commercial liquefied natural gas export operations along the Gulf Coast, but production is proving to be a tough barrier for prices to overcome. With long-term weather outlooks once again trending cooler, the September Nymex gas contract swung in and out of positive territory before going on to settle only eight-tenths of a cent higher Tuesday at $2.218/MMBtu. October rose six-tenths of a cent to $2.219. Read More

Volatile Session Ends With Natural Gas Futures Up Penny; Cash Mostly Higher

Oppressive heat spanning most of the United States supported natural gas futures Monday, but cooler-trending long-range outlooks combined with another production record to send prices lower for most of the session. Most analysts considered $2.15 to be the battle line, and bulls came out victorious after a late technical rally lifted the September gas futures contract by a penny to $2.21/MMBtu, while October rose six-tenths of a cent to $2.213. Read More
EIAStorage0815.png

Stifling Heat Drives Gains in Weekly Natural Gas Prices

Triple-digit temperatures suffocated cities from the West Coast to Texas, lifting demand to record levels and driving up natural gas prices during the Aug. 12-16 week. Driven by the highest prices of the summer so far in the Permian Basin, the NGI Spot Gas Weekly Avg. climbed 9.5 cents to $1.985. Read More

Bears Leave Natural Gas Futures Wounded; Cash Mixed as Heat Builds

One day after a huge storage miss sent natural gas futures skyrocketing, weather models trended cooler for the end of August, sending prices several cents lower to cap the week. The September Nymex gas futures contract fell 3.2 cents to settle Friday at $2.20/MMBtu, and October dropped 3 cents to $2.207. Read More
EIAStorage0815.png

EIA Storage Miss Brings NatGas Bulls Back into Game; Cash Mixed

Heat may not be all that impressive for the last week after all, but that didn’t stop natural gas futures from staging one of the... Read More
EIAStorage0815.png

Tetco Explosion, Texas Heat Seen Behind EIA’s 49 Bcf Storage Injection

The Energy Information Administration (EIA) reported a 49 Bcf injection for the week ending Aug. 9, surprising... Read More

Strong Natural Gas Cash Stokes Futures as Weather Outlooks Continue to Add Heat

Building heat in long-range weather outlooks combined with strong natural gas cash prices to boost futures on Tuesday. The September Nymex gas futures contract hit an intraday high of $2.175/MMBtu before going on to settle at $2.147, up 4.2 cents on the day. October also rose 4.2 cents to $2.159. Read More
eia-storage08021

Sneak Peak of Autumn Leads to Widespread Losses for Weekly Natural Gas Prices

With crisp temperatures hovering over the Pacific Northwest and Canadian air moving down into the Midwest and East, weekly natural gas prices across the country posted losses for the Aug. 5-9 week. Led by steep declines in the Rockies and California, the NGI Weekly National Avg. dropped 6.5 cents to $1.89. Read More