Cali Heats Up, Southeast Cools Off as Natural Gas Prices Climb in September Bidweek

Against a backdrop of European price volatility, and with domestic inventories still lagging historical norms, natural gas prices largely shifted higher in September bidweek trading. Compared to month-earlier levels, the NGI September Bidweek National Avg. ticked 1.5 cents higher to $8.780/MMBtu. Reflecting gas traded Aug. 25-29 for September baseload delivery, the $8.780 September bidweek average…

August Natural Gas Bidweek Prices Soar as Heat Wave Drives Robust Demand

Natural gas prices spiked in August bidweek trading as markets absorbed the impacts of stifling heat across most of the Lower 48, and traders took note of forecasts for robust cooling demand to continue in the month ahead. Choppy production levels, along with steady demand for American exports of LNG, added further fuel for the…

August 1, 2022

July Natural Gas Bidweek Prices Crater as Freeport LNG Outage Reshapes Market Outlook

Despite a sweltering summer temperature outlook, most Lower 48 hubs offloaded more than $2 month/month in July natural gas bidweek trading after an explosion at a major U.S. export terminal re-wrote the script on injection season balances. NGI’s Bidweek National Avg. plummeted $2.335 to $6.300/MMBtu for July. That marks a huge increase over the year-earlier…

July 1, 2022

Notice of NGI Data Accessibility Issues for Data Published Friday, June 3 & Monday, June 6

Some Daily Datafeed, Mexico Daily Datafeed and Shale Daily data customers that access data via API and/or FTP may have been unable to retrieve data for publication date Monday, June 6 because of an internal processing error. Our IT team has solved the problem, and you should now be able to access those data as normal.

June 6, 2022

June Natural Gas Bidweek Prices Soar as Early Summer Weather Drives Robust Cooling Demand

Natural gas prices surged in June bidweek trading as markets absorbed the demand impacts of early summer heat and elevated calls for U.S. exports in concert with modest spring production. NGI’s June Bidweek National Avg., traded between May 24 and 26, climbed $1.860 month/month to $8.635/MMBtu. This more than tripled the $2.825 average recorded for…

June 1, 2022