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Triple-Digit Storage Injection Sends July Natural Gas Futures Slightly Higher
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Triple-Digit Storage Injection Sends July Natural Gas Futures Slightly Higher

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NGI's Daily Gas Price Index

June 4, 2020

EIAstorage0529.png

Triple-Digit Storage Injection Sends July Natural Gas Futures Slightly Higher

The U.S. Energy Information Administration (EIA) reported an injection of 102 Bcf natural gas storage for...
AM markets

Natural Gas Futures Unchanged Early as Market Eyes Storage, Cristobal

With the natural gas market keeping one eye on upcoming government storage data and the other on a tropical cyclone that could reach the Gulf Coast by this weekend, futures were trading close to even early Thursday. The July Nymex contract was off 0.3 cents to $1.818/MMBtu at around 8:45 a.m. ET.
storage_snapshot 060320

Improving Supply/Demand Balances Boost Natural Gas Futures, For Now, and Power Burns Drive Cash

Natural gas futures climbed Wednesday as much of the fundamental supply/demand backdrop became increasingly supportive of prices. Prices rallied strongly early in the session, but then gave up some ground, leaving the July Nymex gas futures contract up 4.4 cents to $1.821. August picked up 3.9 cents to settle at $1.915.
Countries-with-Asset-Packages-for-Sale-Split-by-Company-Segments-20200603

Majors Seeking to Streamline Portfolios through Oil, Natural Gas Asset Sales Amid Covid-19 Impacts, Rystad Says

Oil and gas companies around the world have announced plans...
Year-Over-Year-Change-in-Working-Natural-Gas-Capacity-20200603

2019 U.S. NatGas Storage Capacity Relatively Stable, Unchanged from Previous Years, Says EIA

The U.S. Energy Information Administration released a report showing that from 2012-2019, underground natural gas storage capacity in the Lower 48 has remained relatively unchanged in both design capacity and demonstrated peak capacity.
LNG-Freight-Rates-and-Ship-Availability-20200603

LNG Carriers See Tough Year Ahead on ‘Unprecedented Demand Destruction’

Liquefied natural gas (LNG) shipowners that recently capped off first quarter earnings season see a grim outlook for most of 2020 as global supplies teem, prices have cratered and demand wavers.
US EPA - United States Environmental Protection Agency

Final Rule on CWA Quality Certification Written to Fast Track Natural Gas, Oil Infrastructure, Says EPA

The Environmental Protection Agency (EPA) has issued a final rule on Section 401 of the Clean Water Act (CWA) that it said would increase the transparency and efficiency of the Section 401 certification process and to promote the timely review of infrastructure projects.
Waha0603

Despite Uncertainty, Mexico Said to Remain Key Export Market for U.S. Natural Gas Producers

Even given the many unknowns related to the market impact of the coronavirus pandemic on both sides of the border, Mexico will remain a key destination for U.S. natural gas producers for years to come, according to analysts.
AM markets

Tropical Storm Cristobal Looms as Natural Gas Futures Called Higher

As energy traders monitored the developments of a tropical cyclone that could reach the Gulf Coast by this weekend, natural gas futures were trading several cents higher early Wednesday. The July Nymex contract was up 6.0 cents to $1.837 at around 8:45 a.m. ET.
PM markets

Natural Gas Futures Cling to Slight Gains Despite Festering LNG Headwinds

Natural gas futures crept up early Tuesday and hung on to a narrow advance on the day as heat took hold in the West and weekend weather forecasts trended modestly warmer, creating potential for increased air conditioner use that could begin to offset weakening demand for U.S. exports. The July Nymex contract settled at $1.777/MMBtu, up three-tenths of a cent day/day. August rose a half-cent to $1.876.

Waha-Cash-Prices-June-2019-June-2020

Despite Uncertainty, Mexico Said to Remain Key Export Market for U.S. Natural Gas Producers

Even given the many unknowns related to the market impact of the coronavirus pandemic on both sides of the border, Mexico will remain a key destination for U.S. natural gas producers for years to come, according to analysts.

CO2-Emissions-Per-Residential-Natural-Gas-Customer-20200602

Utility Energy Efficiency Costs Found Stable, Cheaper than Natural Gas, Says DOE

The average cost of energy savings to investor-owned utilities and other programs in a dozen states has remained steady in the last six years, tracking well below the cost of natural gas, according to a new study by the Lawrence Berkeley National Laboratory (Berkeley).
Qatar Petroleum

Qatar Reserves 60% of Global LNG Shipbuilding Capacity for $19B-Plus

State-owned Qatar Petroleum (QP) inked agreements this week with South Korea’s major shipyards, reserving construction capacity to secure more than 100 liquefied natural gas (LNG) carriers over the next eight years in a deal valued at more than $19 billion.
NGI_Logo_Blue_LNG

Lockdowns, Supply Surplus Lead to Global LNG Demand’s First Slump in Eight Years

Global liquefied natural gas (LNG) demand this summer is forecasted to decline 2.7%, or 2.72 million metric tons (mmt) year/year, the first seasonal demand contraction since 2012, according to Wood Mackenzie.
Average-Total-Annual-Electric-Power-Service-Interruption-Duration-20200602

Electric Power Losses in 2018 Averaged About Six Hours Across U.S., Says EIA

The U.S. Energy Information Administration reported that in 2018, electricity power outages on average were about 5.8 hours per customer.

3D"Sign

NGI's Bidweek Alert Day 5 - May 29th for June 2020
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 -- --
Texas Eastern S. TX -- -0.0500 to -0.0300
Transco Zone 1 -- --
East Texas
Carthage -- -0.1750 to -0.1300
Houston Ship Channel -- -0.0300 to -0.0300
Katy -- --
NGPL TexOk -- -0.1550 to -0.1450
Tennessee Zone 0 North -- -0.1400 to -0.1325
Texas Eastern E. TX -- -0.1400 to -0.1400
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 1.360 to 1.470 --
El Paso - Keystone Pool 1.370 to 1.420 --
El Paso - Plains Pool 1.440 to 1.470 --
El Paso - Waha Pool 1.360 to 1.470 --
Transwestern 1.390 to 1.410 --
Transwestern - Central 1.410 to 1.410 --
Transwestern - W. TX 1.390 to 1.400 --
Waha 1.360 to 1.470 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 1.585 to 1.665 -0.0900 to -0.0900
Chicago - Nicor Gas 1.585 to 1.585 -0.0900 to -0.0900
Chicago - NIPSCO 1.585 to 1.665 -0.0900 to -0.0900
Chicago - North Shore -- --
Chicago - Peoples -- --
Consumers Energy -- -0.0925 to -0.0650
Dawn 1.550 to 1.700 -0.1075 to -0.0700
Defiance -- -0.1800 to -0.1600
Rover-ANR -- --
Rover-Panhandle -- -0.1800 to -0.1600
Emerson -- -0.1450 to -0.1000
Joliet -- --
Lebanon -- -0.1650 to -0.1650
Michigan Consolidated 1.610 to 1.645 -0.1350 to -0.1100
NGPL Amarillo Mainline -- --
Parkway/Union 1.650 to 1.675 --
REX Zone 3 Delivered -- -0.1650 to -0.1650
REX into ANR - Shelby -- -0.1650 to -0.1650
REX into MGT - Edgar -- --
REX into NGPL - Moultrie -- --
REX into PEPL - Putnam -- --
REX into Trunk - Douglas -- --
Midcontinent
ANR SW -- -0.2300 to -0.2150
Enable East -- -0.1350 to -0.1200
NGPL Midcontinent -- -0.1500 to -0.1500
Northern Border Ventura -- --
Northern Natural Demarc 1.590 to 1.695 --
Northern Natural Ventura 1.610 to 1.655 --
OGT 1.645 to 1.645 -0.1500 to -0.1200
Panhandle Eastern 1.450 to 1.540 -0.2700 to -0.2400
Southern Star -- -0.2150 to -0.2150
North Louisiana/Arkansas
Perryville -- --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.1625 to -0.1475
Trunkline Zone 1A -- -0.1850 to -0.1400
South Louisiana
ANR SE -- -0.0850 to -0.0825
Columbia Gulf Mainline -- -0.1800 to -0.1550
Columbia Gulf onshore -- -0.1000 to -0.0700
Florida Gas Zone 2 -- --
Henry Hub -- -0.0050 to -0.0050
Pine Prairie -- -0.0700 to -0.0600
Southern Natural -- -0.0800 to -0.0550
Tennessee Line 500 -- -0.0850 to -0.0750
Tennessee Line 800 -- -0.1200 to -0.1150
Texas Eastern E. LA -- -0.0800 to -0.0800
Texas Eastern W. LA -- -0.0700 to -0.0700
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.0775 to -0.0675
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- 0.0000 to 0.0100
Tenn Zone 1 100L -- -0.1500 to -0.1400
Tenn Zone 1 non-St. 87 -- --
Tenn Zone 1 St. 87 -- -0.1500 to -0.1400
Texas Eastern M-1, 30 -- -0.1400 to -0.1400
Transco Zone 4 -- -0.0700 to -0.0450
Transco Zone 5 -- -0.0500 to -0.0300
Transco Zone 5 North -- --
Transco Zone 5 South -- -0.0500 to -0.0300
Appalachia
Columbia Gas -- -0.2700 to -0.2400
Dominion North -- -0.4600 to -0.4600
Dominion South -- -0.4700 to -0.4300
Leidy Hub -- --
Millennium East Pool -- -0.5600 to -0.4700
Tenn Zone 4 200L -- -0.3100 to -0.2800
Tennessee Zn 4 313 Pool -- -0.3900 to -0.3700
Tennessee Zn 4 Marcellus -- -0.6000 to -0.5750
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.5100 to -0.4600
Texas Eastern M-3, Delivery -- -0.4400 to -0.3900
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.5450 to -0.4800
Northeast
Algonquin Citygate -- -0.4000 to -0.3500
Algonquin Citygate (non-G) -- -0.4000 to -0.3500
Algonquin Receipts -- --
Iroquois Zone 2 -- -0.3200 to -0.3000
Iroquois, Waddington -- -0.2600 to -0.2200
Niagara -- --
Tenn Zone 5 200L -- --
Tenn Zone 5 200L East -- --
Tenn Zone 5 200L West -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- -0.2800 to -0.2600
Tenn Zone 6 200L North -- --
Tenn Zone 6 200L South -- -0.2800 to -0.2600
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- -0.4650 to -0.4200
Transco Zone 6 non-NY North -- -0.4650 to -0.4200
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- -0.4600 to -0.4200
Rocky Mountains
Cheyenne Hub 1.485 to 1.530 --
CIG -- --
CIG DJ Basin 1.350 to 1.350 --
El Paso Bondad -- --
El Paso San Juan 1.470 to 1.510 --
Kern River 1.520 to 1.590 --
Kingsgate -- --
Northwest Rockies -- --
Northwest S. of Green River -- --
Northwest Sumas 1.510 to 1.560 --
Northwest Wyoming Pool -- --
Opal 1.520 to 1.560 --
Questar -- --
Stanfield 1.570 to 1.570 --
Transwestern San Juan 1.550 to 1.550 --
White River Hub -- --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 1.800 to 1.800 --
California
Malin 1.550 to 1.580 --
PG&E Citygate 2.490 to 2.585 --
SoCal Citygate 2.020 to 2.070 --
Southern Border, PG&E -- --
Southern Border, SoCal 1.560 to 1.770 --
SoCal Border Avg. 1.560 to 1.770 --
SoCal Border - Blythe -- --
SoCal Border - Ehrenberg 1.700 to 1.730 --
SoCal Border - Kern River Station -- --
SoCal Border - Kramer 1.770 to 1.770 --
SoCal Border - Needles 1.560 to 1.560 --
SoCal Border - Topock 1.575 to 1.625 --
SoCal Border - Wheeler Ridge -- --
Canada
Alliance (APC) - ATP -- --
Empress 1.840 to 1.985 --
NOVA/AECO C 1.840 to 1.970 --
Westcoast Station 2 1.900 to 1.910 --
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.