Story of the Day

Blustery Winter Muscles In, Knocking Out Mild Conditions, Says Forecaster
Daily GPI
The eastern United States is on the cusp of a much colder pattern that is forecast to prevail in February and continue into March because of a central Pacific El Nino... Read More
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NGI's Daily Gas Price Index

January 16, 2019

Camerons-Corner-20190116

Polar Vortex Forecast Not Impressing Natural Gas Futures; Cash Continues Climb

Forecasters say intense polar vortex-influenced cold is on the way, but a restless natural gas futures market appeared unsatisfied with the upcoming pattern Wednesday, selling off for a second straight session after a sharp rally to start the week.
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Blustery Winter Muscles In, Knocking Out Mild Conditions, Says Forecaster

The eastern United States is on the cusp of a much colder pattern that is forecast to prevail in February and continue into March because of a central Pacific El Nino...

Oil, Gas Industry Increasingly Nervous as Government Shutdown Drags On

Representatives from the oil and gas industry are beginning to worry that the partial shutdown of the federal government, now the longest in U.S. history, could impact drilling on federal lands and blunt permitting for infrastructure, including pipelines and liquefied natural gas (LNG) export facilities.

PG&E Preparing for Many Legal Skirmishes; Credit Sinks to Junk

The major credit rating agencies now rate PG&E Corp. and its utility below investment grade at  junk status, and in a regulatory filing the Northern California operator said it is facing significant additional legal filings related to last November's devastating Camp Fire.
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Texas Congressmen Cite Energy Security to Boost Funding, Authority for U.S.-Mexico Bank

A bipartisan group of House members from Texas is seeking to boost capital for a binational financial institution that ultimately could have authority to fund cross-border energy distribution and consumption projects aimed at enhancing the energy security of the United States and Mexico.

RNG Tapped to Reduce Emissions at Southern California Ports

A major freight hauler operating in two Southern California ports plans to use natural gas vehicle (NGV) engines fueled with renewable natural gas (RNG) as part of an emissions reduction initiative.

Models Increase Confidence in Long-Range Arctic Cold as Natural Gas Futures Called Higher

February natural gas futures were trading about 11.1 cents higher at $3.612/MMBtu shortly before 9 a.m. ET Wednesday as major weather models continued to advertise a stretch of frigid, Arctic-influenced temperatures set to commence later this month.

Natural Gas Bulls Take Breather as Forecasts Moderate; Cash Rises Ahead of Cold Shift

After a furious rally to start the week, natural gas futures bulls took a breather Tuesday as the latest forecasts eased cold expectations somewhat. With markets zeroed in on the prospect of a shift to frigid temperatures starting this weekend, spot prices gained across most regions; the NGISpot Gas National Avg.finished 16.5 cents higher at $3.730/MMBtu.
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U.S. Natural Gas Storage Said Still Viable, with Exports Offering New Opportunities

Natural gas storage used to be a must for the Lower 48, but abundant onshore supply has upended the market...
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EIA's 2019 Henry Hub Price Forecast Slips to $2.89; Little Relief Seen in 2020

Domestic natural gas production growth is expected to keep pace with demand and exports this year, and inventories will build faster than the five-year average, keeping a lid on Henry Hub prices, which are expected to average just $2.89/MMBtu in 2019, according to the Energy Information Administration.

Supreme Court May Consider Challenge to MVP, Natural Gas Act

The U.S. Supreme Court is expected to decide this week whether it will hear a case challenging the Mountain Valley Pipeline and the constitutionality of parts of the Natural Gas Act.
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Brazil Looking to Jump-Start Natural Gas Market

CEO Roberto Castello Branco of Brazil’s Petroleo Brasileiro SA at his recent swearing-in ceremony said the state-owned energy giant needs to divest natural gas assets and end its domination of the gas supply chain to increase the number of participants in the market.
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China’s U.S. LNG Imports Tanked in 4Q; Rebound Seen on Long-Term Supply Deal

China imported only two of the 69 liquefied natural gas cargoes sent from the United States in the fourth quarter of 2018, a dramatic fall from the 14 U.S. cargoes it imported a year earlier after a trade war erupted last fall, according to Genscape Inc.’s proprietary monitoring data.

FERC Urged to OK Calcasieu Pass LNG Export Project by Next Week

FERC approval of a proposed certificate for the Calcasieu Pass liquefied natural gas (LNG) export project in Louisiana by next Tuesday (Jan. 22) is "critically important," according to a filing by Venture Global LNG.
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U.S. Said to Threaten German Companies Regarding Nord Stream Gas Pipeline

The U.S. ambassador to Germany reportedly warned that German companies working on Russia's controversial Nord Stream 2 natural gas pipeline could be subject to sanctions, including disqualification from participating on projects.

3D"Sign

NGI's Bidweek Alert Day 5 - December 28th for January 2019
For more detailed information please download the Excel data file
FIXED RANGE BASIS RANGE
South Texas
Agua Dulce -- --
Florida Gas Zone 1 -- --
NGPL S. TX -- --
Tennessee Zone 0 South -- -0.1100 to -0.1100
Texas Eastern S. TX -- -0.1075 to -0.0900
Transco Zone 1 -- -0.1000 to -0.0700
East Texas
Carthage -- -0.1850 to -0.1850
Houston Ship Channel 3.700 to 3.710 0.1500 to 0.2700
Katy -- --
NGPL TexOk -- -0.2800 to -0.2400
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- -0.1900 to -0.1900
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 1.750 to 3.350 --
El Paso - Keystone Pool 1.750 to 2.160 --
El Paso - Plains Pool 3.200 to 3.350 --
El Paso - Waha Pool 2.000 to 2.050 --
Transwestern 2.130 to 2.130 --
Transwestern - Central -- --
Transwestern - W. TX 2.130 to 2.130 --
Waha 1.100 to 2.050 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 3.945 to 4.160 0.2200 to 0.2500
Chicago - Nicor Gas 3.945 to 4.160 0.2300 to 0.2500
Chicago - NIPSCO 3.965 to 4.100 0.2200 to 0.2200
Chicago - North Shore -- --
Chicago - Peoples 3.980 to 3.980 --
Consumers Energy -- -0.0800 to -0.0200
Dawn 3.180 to 3.280 -0.0400 to 0.2500
Emerson -- 0.1700 to 0.2800
Joliet -- --
Lebanon -- --
Michigan Consolidated 3.350 to 3.350 -0.2050 to -0.1250
NGPL Amarillo Mainline -- --
Parkway/Union -- 0.1100 to 0.3200
REX Zone 3 Delivered -- -0.1900 to -0.1300
REX into ANR - Shelby -- -0.1400 to -0.1300
REX into MGT - Edgar -- --
REX into NGPL - Moultrie -- -0.1900 to -0.1500
REX into PEPL - Putnam -- --
REX into Trunk - Douglas -- --
Midcontinent
ANR SW 3.150 to 3.415 -0.2500 to -0.2500
Enable East -- -0.0800 to -0.0800
Enable West -- --
NGPL Midcontinent 2.850 to 2.850 -0.6900 to -0.5300
Northern Border Ventura 3.950 to 4.100 --
Northern Natural Demarc 3.450 to 3.720 -0.1400 to -0.1000
Northern Natural Ventura 4.500 to 4.500 0.4500 to 1.1500
OGT -- -0.5500 to -0.4200
Panhandle Eastern 3.030 to 3.395 -0.5000 to -0.4300
Southern Star -- -0.3500 to -0.3200
North Louisiana/Arkansas
Perryville -- --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.1800 to -0.1500
Trunkline Zone 1A -- -0.1900 to -0.1600
South Louisiana
ANR SE -- -0.0900 to -0.0700
Columbia Gulf Mainline -- -0.1800 to -0.1600
Columbia Gulf onshore -- --
Florida Gas Zone 2 -- --
Henry Hub -- 0.0025 to 0.0200
Southern Natural -- -0.0475 to -0.0400
Tennessee Line 500 -- -0.0600 to -0.0500
Tennessee Line 800 -- -0.1050 to -0.0750
Texas Eastern E. LA -- -0.1500 to -0.1200
Texas Eastern W. LA -- -0.0850 to -0.0850
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.0300 to -0.0200
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- 0.0000 to 0.0200
Texas Eastern M-1, 30 -- --
Transco Zone 4 -- -0.0025 to 0.0025
Transco Zone 5 -- 3.5000 to 3.8500
Transco Zone 5 North -- --
Transco Zone 5 South -- 3.5000 to 3.8500
Appalachia
Columbia Gas -- -0.2700 to -0.2300
Dominion North -- --
Dominion South -- -0.3800 to -0.2775
Leidy Hub -- --
Millennium East Pool -- -0.3100 to -0.2000
Tenn Zone 4 200L -- -0.1850 to -0.1600
Tennessee Zn 4 313 Pool -- -0.2900 to -0.2300
Tennessee Zn 4 Marcellus -- -0.3650 to -0.2500
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.4000 to -0.2800
Texas Eastern M-3, Delivery -- 2.7500 to 3.5000
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.3200 to -0.2000
Northeast
Algonquin Citygate -- 5.2500 to 6.0000
Algonquin Citygate (non-G) -- 5.2500 to 6.0000
Algonquin Receipts -- --
Iroquois Zone 2 -- 4.5000 to 5.2500
Iroquois, Waddington -- 1.5000 to 1.5000
Niagara -- --
Tenn Zone 5 200L -- --
Tenn Zone 5 200L East -- --
Tenn Zone 5 200L West -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- 5.8000 to 6.0000
Tenn Zone 6 200L North -- --
Tenn Zone 6 200L South -- 5.8000 to 6.0000
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- 3.2750 to 3.7000
Transco Zone 6 non-NY North -- 3.2750 to 3.7000
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- 4.5000 to 5.0000
Rocky Mountains
Cheyenne Hub 3.220 to 3.530 --
CIG 3.520 to 3.550 --
CIG DJ Basin -- --
El Paso Bondad -- --
El Paso San Juan 3.170 to 3.410 --
Kern River 4.100 to 4.530 --
Kingsgate -- --
Northwest S. of Green River 3.200 to 3.600 --
Northwest Sumas 4.150 to 6.950 --
Northwest Wyoming Pool 4.440 to 4.460 --
Opal 4.000 to 4.680 --
Questar -- --
Stanfield 4.400 to 4.400 --
Transwestern San Juan -- --
White River Hub 3.500 to 3.600 --
Arizona/Nevada
El Paso S. Mainline/N. Baja 4.300 to 4.500 --
Kern Delivery -- --
California
Malin 3.950 to 4.650 --
PG&E Citygate 4.020 to 4.750 --
SoCal Citygate 7.000 to 8.450 --
Southern Border, PG&E 3.500 to 3.700 --
Southern Border, SoCal 3.800 to 4.400 --
SoCal Border Avg. 3.800 to 4.400 --
SoCal Border - Blythe -- --
SoCal Border - Ehrenberg 3.800 to 4.400 --
SoCal Border - Kern River Station -- --
SoCal Border - Kramer -- --
SoCal Border - Needles -- --
SoCal Border - Topock -- --
SoCal Border - Wheeler Ridge -- --
Canada
Alliance (APC) - ATP -- --
Empress 3.790 to 4.585 --
NOVA/AECO C 1.465 to 1.860 --
Westcoast Station 2 0.800 to 0.810 --
NOTE: Both the buy and the sell side of transactions are counted in this table, as they are in NGI’s daily, weekly and bidweek natural gas price tables, a standard practice which supports consistency and uniformity across products as explained in our price methodology.