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Natural Gas Futures Rise After On-Target Storage Report; NE Cash Rallies on Alberta Clipper
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Natural Gas Futures Rise After On-Target Storage Report; NE Cash Rallies on Alberta Clipper

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NGI's Daily Gas Price Index

December 5, 2019

EIAStorage1129

Natural Gas Futures Rise After On-Target Storage Report; NE Cash Rallies on Alberta Clipper

With recent long-term weather models not providing much guidance for price direction, natural gas traders looked to...

ERCOT Says Capacity Additions from Natural Gas, Renewables Improve Next Summer’s Demand Outlook

The grid operator for 90% of the Texas power market said Thursday its planning reserve margin for next summer is forecast to be 10.6%, which is 2% higher than the reported margin going into last summer’s peak demand season, as new capacity additions come online from renewable and small, flexible natural gas-fired resources.

KMI Prioritizing Budget Flexibility in 2020; $2.4B Earmarked for Expansions, JVs

Kinder Morgan Inc. plans to invest $2.4 billion in expansion projects and joint ventures in 2020, but the company also has growing dividend payments in its sights as it looks to build “financial flexibility” into its budget for the new year.

FERC Gives Lake Charles LNG Another Five Years to Finish Gulf Coast Export Project

FERC on Thursday granted the developers of a liquefied natural gas terminal in Calcasieu Parish, LA, a five-year extension to build export facilities and place them in-service as the project moves toward a final investment decision.
EIAStorage1129

Natural Gas Futures Rally Higher Despite ‘Neutral’ EIA Storage Report

The U.S. Energy Information Administration (EIA) reported a 19 Bcf withdrawal from storage inventories for the week ending Nov. 29, well within the range...
Monthly-US-Natural-Gas-Vented-and-Flared-20191204

Williams Sues Texas Regulators over Natural Gas Flaring Practices

The Railroad Commission of Texas has been sued by pipeline giant Williams for routinely approving natural gas venting and flaring, which it claims violates state law.

Weather Models Show ‘Deep Divide’ as Traders Await EIA Data; Natural Gas Called Higher

As traders prepared to shift their attention to the Energy Information Administration’s (EIA) latest weekly inventory report, and as the major weather models continued to disagree on the forecast for mid-December, natural gas futures were trading a few cents higher early Thursday. The January Nymex contract was up 3.1 cents to $2.430/MMBtu at around 8:40 a.m. ET.
cameron1129.png

Futures Slip as Natural Gas Traders Wait to See How Weather Data Shakes Out

The rollercoaster ride for natural gas prices continued on Wednesday as weather models whipsawed overnight, erasing much of the demand they had gained in recent runs. Given the lack of confidence in weather data, the January Nymex futures contract slipped 4.2 cents to settle at $2.399/MMBtu. February fell 3.1 cents to $2.374.

Energy Transfer Employee, Others Arrested on Bribery Charges Over Mariner East Security

An Energy Transfer LP employee who oversaw security at work sites along the Mariner East pipeline project in Pennsylvania, along with four others from two different security companies, were arrested this week and charged with bribery, conspiracy and related offenses.
Coal-Natural-Gas-Generation-Share-and-Natural-Gas-Spot-Price-by-Region-20191204

November Cold Snap Said Boon for Coal, but Natural Gas Holds Competitive Edge Longer Term

Cheap, abundant supply has allowed natural gas to emerge as a fuel of choice in electricity markets once...
lngcosts120419

CME Launches LNG Freight Futures Contracts as Volatility Grows with More Exports

CME Group said this week it is launching liquefied natural gas freight futures contracts along three shipping routes later this month, as the exchange works to bring more price transparency to a rapidly evolving global market.

PG&E Fails Another Test with California Regulators

Bankruptcy bound and hectored by regulators, Pacific Gas and Electric Co. (PG&E) has been officially accused in a state investigation of shirking its responsibility for transmission line inspections and maintenance, helping to create an explosive mixture that led to California's deadliest wildfire last year.

Natural Gas Futures Pull Back Early Amid ‘Wild Ride’ From Weather Models

With the demand outlook dented by overnight warming from the major weather models, natural gas futures pulled back early Wednesday. At around 8:30 a.m. ET, the January Nymex contract was off 5.0 cents to $2.391/MMBtu.

'Sizably Colder' Weather Data Giving Natural Gas Bulls Some Optimism

Natural gas bulls are back in the game as the weather models uniformly trended colder overnight Monday. After the American data added an impressive chunk of demand in its midday run, the January Nymex gas futures contract spiked even higher before going on to settle Tuesday at $2.441, up 11.2 cents day/day. February jumped 9.7 cents to $2.405.
Domestically-Produced-LNG-Exported-by-Terminal-20191202

More Volatility Expected in U.S. Natural Gas Market as LNG Exports Grow

As winter sets in and the U.S. natural gas market braces for the typical volatility that comes with it, growing export and power generation...

3D"Sign

NGI's Bidweek Alert Day 5 - November 27th for December 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 -- --
Texas Eastern S. TX -- -0.1175 to -0.1025
Transco Zone 1 -- -0.0850 to -0.0750
East Texas
Carthage -- --
Houston Ship Channel -- -0.1175 to -0.1175
Katy -- -0.1175 to -0.1175
NGPL TexOk -- -0.2050 to -0.1950
Tennessee Zone 0 North -- -0.1800 to -0.1800
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 1.250 to 1.970 --
El Paso - Keystone Pool 1.250 to 1.550 --
El Paso - Plains Pool 1.500 to 1.970 --
El Paso - Waha Pool 1.350 to 1.570 --
Transwestern 1.350 to 1.400 --
Transwestern - Central 1.400 to 1.400 --
Transwestern - W. TX 1.350 to 1.400 --
Waha 1.250 to 1.570 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 2.645 to 2.800 --
Chicago - Nicor Gas 2.645 to 2.790 --
Chicago - NIPSCO 2.645 to 2.790 --
Chicago - North Shore -- --
Chicago - Peoples 2.700 to 2.800 --
Consumers Energy -- -0.0600 to 0.0000
Dawn 2.425 to 2.840 0.0500 to 0.1500
Defiance -- --
Rover-ANR -- --
Rover-Panhandle -- --
Emerson -- 0.0400 to 0.1800
Joliet -- --
Lebanon -- -0.0700 to -0.0700
Michigan Consolidated -- -0.1400 to -0.0850
NGPL Amarillo Mainline -- --
Parkway/Union 2.505 to 2.510 0.1650 to 0.2775
REX Zone 3 Delivered -- -0.1300 to -0.0750
REX into ANR - Shelby -- -0.1300 to -0.0750
REX into MGT - Edgar -- --
REX into NGPL - Moultrie -- -0.1000 to -0.1000
REX into PEPL - Putnam -- --
REX into Trunk - Douglas -- --
Midcontinent
ANR SW 2.500 to 2.505 -0.1600 to -0.1400
Enable East -- -0.3600 to -0.3200
NGPL Midcontinent 1.660 to 1.750 --
Northern Border Ventura -- --
Northern Natural Demarc 2.705 to 2.890 --
Northern Natural Ventura 2.600 to 3.015 0.3500 to 0.3500
OGT -- -0.7650 to -0.7450
Panhandle Eastern 1.920 to 2.100 -0.5600 to -0.5225
Southern Star -- -0.1500 to -0.1500
North Louisiana/Arkansas
Perryville -- --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.1675 to -0.1525
Trunkline Zone 1A -- -0.1600 to -0.1500
South Louisiana
ANR SE -- -0.0775 to -0.0750
Columbia Gulf Mainline -- -0.1825 to -0.1700
Columbia Gulf onshore -- -0.0900 to -0.0750
Florida Gas Zone 2 -- --
Henry Hub -- 0.0000 to 0.0000
Southern Natural -- -0.0625 to -0.0575
Tennessee Line 500 -- -0.0625 to -0.0550
Tennessee Line 800 -- -0.1300 to -0.1100
Texas Eastern E. LA -- -0.1100 to -0.1050
Texas Eastern W. LA -- -0.0725 to -0.0725
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.0550 to -0.0525
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- 0.0050 to 0.0200
Texas Eastern M-1, 30 -- --
Transco Zone 4 -- -0.0500 to -0.0250
Transco Zone 5 -- 0.6050 to 1.0000
Transco Zone 5 North -- 0.8000 to 0.9200
Transco Zone 5 South -- 0.6050 to 1.0000
Appalachia
Columbia Gas -- -0.3650 to -0.3200
Dominion North -- -0.4400 to -0.4100
Dominion South -- -0.4550 to -0.3950
Leidy Hub -- --
Millennium East Pool -- -0.4400 to -0.3900
Tenn Zone 4 200L -- -0.1500 to -0.1400
Tennessee Zn 4 313 Pool -- -0.3800 to -0.3600
Tennessee Zn 4 Marcellus -- -0.5000 to -0.4700
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.4550 to -0.4000
Texas Eastern M-3, Delivery -- 0.8300 to 1.2800
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.4550 to -0.4200
Northeast
Algonquin Citygate -- 2.4000 to 3.1000
Algonquin Citygate (non-G) -- 2.4000 to 3.1000
Algonquin Receipts -- --
Iroquois Zone 2 -- 2.4500 to 2.7000
Iroquois, Waddington -- 0.5800 to 0.9000
Niagara -- 0.1000 to 0.1000
Tenn Zone 5 200L -- --
Tenn Zone 5 200L East -- --
Tenn Zone 5 200L West -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- --
Tenn Zone 6 200L North -- --
Tenn Zone 6 200L South -- --
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- 0.6500 to 0.9900
Transco Zone 6 non-NY North -- 0.6500 to 0.9900
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- 1.2000 to 1.6000
Rocky Mountains
Cheyenne Hub 2.170 to 2.400 --
CIG 2.170 to 2.400 --
CIG DJ Basin -- --
El Paso Bondad 2.370 to 2.370 --
El Paso San Juan 2.350 to 2.730 --
Kern River 3.300 to 3.600 --
Kingsgate -- --
Northwest Rockies 2.440 to 2.600 --
Northwest S. of Green River 2.440 to 2.600 --
Northwest Sumas 5.360 to 8.000 --
Northwest Wyoming Pool -- --
Opal 3.180 to 3.930 --
Questar -- --
Stanfield 3.650 to 3.650 --
Transwestern San Juan 2.490 to 2.760 --
White River Hub 2.350 to 2.630 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 4.000 to 4.275 --
California
Malin 3.180 to 3.960 --
PG&E Citygate 3.650 to 4.150 --
SoCal Citygate 6.500 to 7.070 --
Southern Border, PG&E 2.750 to 2.950 --
Southern Border, SoCal 2.850 to 5.000 --
SoCal Border Avg. 2.850 to 5.000 --
SoCal Border - Blythe -- --
SoCal Border - Ehrenberg 4.100 to 4.250 --
SoCal Border - Kern River Station -- --
SoCal Border - Kramer 4.250 to 5.000 --
SoCal Border - Needles 2.850 to 2.940 --
SoCal Border - Topock -- --
SoCal Border - Wheeler Ridge -- --
Canada
Alliance (APC) - ATP -- --
Empress 2.655 to 3.140 --
NOVA/AECO C 2.480 to 2.990 --
Westcoast Station 2 2.550 to 2.870 --
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.