California Leads Weekly Natural Gas Prices Higher as Heat Drives Up Demand

Summer wasn’t ready to loosen its grip on U.S. natural gas cash markets this week, with heat and humidity in the wake of Hurricane Isaias driving up demand on the East Coast early in the week and 100-degree temperatures driving power loads in California. NGI’s Weekly Spot Gas National Avg. jumped 20.0 cents to $2.050.…

Market Observers Look Beyond Fundamentals in Natural Gas Futures’ 17-Cent Surge

On what is typically a sleepy day in natural gas trading, Friday proved anything but as the front of the futures curve skyrocketed. Once the smoke had cleared, the September contract had surged 17.4 cents higher to $2.356, while October shot up 17.1 cents to $2.495. Spot gas prices also rallied as sweltering heat stoked…

August 14, 2020

Column: An Opening for Natural Gas Export Projects in Mexico?

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. Prud’homme was central to the development of Cenagas, the nation’s natural gas pipeline operator, an entity formed in 2015 as part of…

August 14, 2020

Natural Gas Forwards Mixed as Market Awaits Clearer Signs of LNG Demand Recovery

After pulling off a stunning rally in the first week of August, natural gas forward prices were mixed for the Aug. 6-12 period as easing demand pummelled East Coast prices while soaring temperatures prompted sharp spikes out West. Meanwhile, liquefied natural gas (LNG) demand, which ramped up a bit over the past week, is seen…

August 14, 2020

LNG Developers Cast Wary Eye on U.S. Pipeline Woes as Second Wave Projects Advance

The developers of second wave liquefied natural gas (LNG) export facilities are closely watching the battle to stop fossil fuel infrastructure in the United States, which could upend some of their projects if more pipelines are delayed or canceled. “Additional pipeline capacity is and remains an issue that the LNG industry is especially concerned about…

August 14, 2020