storage

Weekly Natural Gas Prices Extend Downward Slide Amid Benign Weather Conditions

Weekly natural gas cash prices gave up ground amid mild temperatures and light demand across much of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the October 18-22 period shed 38.5 cents to $4.850. That followed a 34.5-cent drop the previous week. Conditions were comfortable across most of the country for a majority…

Like Autumn Leaves, Weekly Spot Natural Gas Prices Fall on Mild Weather

Though power burns have been persistently strong throughout the summer and into the fall, rising wind generation this week stole some market share from natural gas.  Spot gas prices tumbled from last week’s levels as weather proved pretty close to perfect across much of the country during the Oct. 11-15 period. NGI’s Weekly Spot Gas…

October 15, 2021

Mild Weather No Match for Stubbornly Strong Power Burns as Weekly Natural Gas Cash Prices Rally

Natural gas spot prices during the Oct. 4-8 trading period notched another week in the black as power burns recovered from the prior week’s slump. In spite of the mild weather pattern blanketing much of the United States, NGI’s Weekly Spot Gas National Avg. jumped 43.0 cents to $5.580. Nymex natural gas futures, meanwhile, continued…

October 8, 2021

Natural Gas Weekly Spot Gas, Futures Prices Rally Despite Fall’s Arrival

Natural gas cash and futures prices started October on a positive note as robust export demand and strong power burns kept prices afloat even with a cooler turn of the weather. Due to the change of month, trading for the week only covered the Sept. 30-Oct. 1 period, where NGI’s Weekly Spot Gas National Avg.…

October 1, 2021

Weekly Natural Gas Prices Sputter as Bearish Weather Patterns Arrive

Weekly natural gas cash prices gave up ground amid mild temperatures and light cooling demand across much of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the Sept. 20-24 period dropped 55.0 cents to $4.770. Temperatures moderated throughout the Midwest, East and parts of the western United States during the week, leaving comfortable…

September 24, 2021