Story of the Day

Little Hope for Natural Gas Bulls as Weather, Storage Send Forward Prices Lower
Forward Look
A series of thunderstorms that continue to barrel across the United States drenched any hopes that natural gas bulls could continue to ride last week’s forward price momentum. A lack of confidence in long-term weather data and eyes on another 100 Bcf-plus storage injection put additional pressure on the forward markets, sending July prices down an average 5 cents from July 13-19, according to NGI’s Forward Look. Read More
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Forward Look

June 24, 2019

HHub

Little Hope for Natural Gas Bulls as Weather, Storage Send Forward Prices Lower

A series of thunderstorms that continue to barrel across the United States drenched any hopes that natural gas bulls could continue to ride last week’s forward price momentum. A lack of confidence in long-term weather data and eyes on another 100 Bcf-plus storage injection put additional pressure on the forward markets, sending July prices down an average 5 cents from July 13-19, according to NGI’s Forward Look.
Lower48Storage

Natural Gas Forward Prices Mixed as Bulls Fail to Maintain Early Momentum

Natural gas July forward prices rose a nickel on average, although uncertainty about long-term weather trends and current mild weather in most of the country left several markets in the red for the June 6-12 period, according to NGI’s Forward Look.

3D"Sign

NGI's Bidweek Alert Day 1 - June 24th for July 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 -- -0.0800 to -0.0800
Transco Zone 1 -- --
East Texas
Carthage -- -0.1850 to -0.1850
Houston Ship Channel -- --
Katy -- --
NGPL TexOk -- --
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 0.050 to 0.170 --
El Paso - Keystone Pool 0.050 to 0.170 --
El Paso - Plains Pool -- --
El Paso - Waha Pool 0.100 to 0.170 --
Transwestern 0.150 to 0.150 --
Transwestern - Central -- --
Transwestern - W. TX 0.150 to 0.150 --
Waha 0.050 to 0.230 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 2.065 to 2.105 --
Chicago - Nicor Gas 2.065 to 2.105 --
Chicago - NIPSCO 2.100 to 2.100 --
Chicago - North Shore -- --
Chicago - Peoples -- --
Consumers Energy -- -0.1600 to -0.1600
Dawn -- -0.1900 to -0.1750
Emerson -- -0.3000 to -0.2650
Joliet -- --
Lebanon -- --
Michigan Consolidated -- -0.2025 to -0.1950
NGPL Amarillo Mainline 1.880 to 1.880 --
Parkway/Union -- --
REX Zone 3 Delivered -- -0.2700 to -0.2550
REX into ANR - Shelby -- -0.2700 to -0.2650
REX into MGT - Edgar -- --
REX into NGPL - Moultrie -- --
REX into PEPL - Putnam -- --
REX into Trunk - Douglas -- -0.2575 to -0.2550
Midcontinent
ANR SW 1.555 to 1.555 --
Enable East -- -0.2500 to -0.2350
NGPL Midcontinent -- --
Northern Border Ventura -- --
Northern Natural Demarc -- --
Northern Natural Ventura -- --
OGT -- --
Panhandle Eastern 1.450 to 1.455 -0.8850 to -0.8100
Southern Star -- -0.6200 to -0.6200
North Louisiana/Arkansas
Perryville -- --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.2250 to -0.2100
Trunkline Zone 1A -- -0.2400 to -0.2400
South Louisiana
ANR SE -- --
Columbia Gulf Mainline -- -0.2300 to -0.2200
Columbia Gulf onshore -- -0.1300 to -0.1300
Florida Gas Zone 2 -- --
Henry Hub -- --
Southern Natural -- -0.0775 to -0.0775
Tennessee Line 500 -- -0.0900 to -0.0850
Tennessee Line 800 -- -0.1150 to -0.1150
Texas Eastern E. LA -- --
Texas Eastern W. LA -- --
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.0525 to -0.0525
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- 0.0200 to 0.0275
Texas Eastern M-1, 30 -- --
Transco Zone 4 -- -0.0400 to -0.0350
Transco Zone 5 -- 0.0500 to 0.0575
Transco Zone 5 North -- --
Transco Zone 5 South -- 0.0500 to 0.0575
Appalachia
Columbia Gas -- -0.3000 to -0.2850
Dominion North -- -0.3800 to -0.3750
Dominion South -- -0.3800 to -0.3600
Leidy Hub -- --
Millennium East Pool -- -0.4500 to -0.4200
Tenn Zone 4 200L -- -0.2300 to -0.2300
Tennessee Zn 4 313 Pool -- --
Tennessee Zn 4 Marcellus -- -0.5100 to -0.5000
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.4000 to -0.3775
Texas Eastern M-3, Delivery -- -0.2750 to -0.2400
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- --
Northeast
Algonquin Citygate -- -0.1350 to -0.1150
Algonquin Citygate (non-G) -- -0.1350 to -0.1150
Algonquin Receipts -- -0.3500 to -0.3500
Iroquois Zone 2 -- -0.1200 to -0.1100
Iroquois, Waddington -- -0.1500 to -0.1500
Niagara -- --
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 -- -0.2300 to -0.2300
Transco Zone 6 non-NY North -- -0.2300 to -0.2300
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- --
Rocky Mountains
Cheyenne Hub 1.615 to 1.650 --
CIG 1.580 to 1.620 --
CIG DJ Basin -- --
El Paso Bondad -- --
El Paso San Juan 1.845 to 1.850 --
Kern River 1.910 to 1.950 --
Kingsgate -- --
Northwest Rockies -- --
Northwest S. of Green River -- --
Northwest Sumas 2.000 to 2.180 --
Northwest Wyoming Pool -- --
Opal 1.930 to 1.990 --
Questar -- --
Stanfield -- --
Transwestern San Juan -- --
White River Hub 1.845 to 1.850 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery -- --
California
Malin 1.980 to 2.000 --
PG&E Citygate 2.730 to 2.800 --
SoCal Citygate 3.900 to 4.080 --
Southern Border, PG&E -- --
Southern Border, SoCal -- --
SoCal Border Avg. -- --
SoCal Border - Blythe -- --
SoCal Border - Ehrenberg -- --
SoCal Border - Kern River Station -- --
SoCal Border - Kramer -- --
SoCal Border - Needles -- --
SoCal Border - Topock -- --
SoCal Border - Wheeler Ridge -- --
Canada
Alliance (APC) - ATP -- --
Empress 2.045 to 2.090 --
NOVA/AECO C 0.570 to 0.605 --
Westcoast Station 2 -- --
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.




Forward Look prices are in U.S.$/MMBtu for all points including those in Canada. "Fixed Price" represents the forward prices of natural gas delivered for each reference period at the various locations/hubs. "Basis Price" represent the differential, for each reference period, between the Henry Hub and various locations/hubs. The Summer and Winter prices are simple averages of Apr-Oct (7 months) and Nov-Mar (5 months) respectively. "Bal Smr" and "Bal Wtr" prices represent simple averages of the remaining months in those seasonal strips (after at least one month has passed). For daily updates of these natural gas forward basis data in monthly bullets going out 10 years, contact sales at info@natgasintel.com.