Deliveries

Dry natural gas production in the United States reached 2.29 Tcf (74 Bcf/d) in March, marking the sixth straight year with a record high for the month, the Energy Information Administration (EIA) said.

If futures remain true to their role as a leading indicator, natgas cash next week may have something of an uphill battle. That was not the case for the week ended May 6, however, as most points gained ground and the few that slipped into the loss column were mostly off by a penny or two.

If futures remain true to their role as a leading indicator, natgas cash next week may have something of an uphill battle. That was not the case for the week ended May 6, however, as most points gained ground and the few that slipped into the loss column were mostly off by a penny or two.

The explosion that rocked the Texas Eastern (Tetco) pipeline in Southwest Pennsylvania on Friday has cut about 1 Bcf/d of natural gas flows on the system, according to Genscape.

The explosion that rocked the Texas Eastern (Tetco) pipeline in Southwest Pennsylvania on Friday has cut about 1 Bcf/d of natural gas flows on the system, according to Genscape.

Natural gas for weekend and Monday delivery fell hard in Friday’s trading as forecasts for mild weather proliferated in major population centers and traders saw little need to commit to three-day deals.

Natural gas for weekend and Monday delivery fell hard in Friday’s trading as forecasts for mild weather proliferated in major population centers and traders saw little need to commit to three-day deals.

Physical gas for Thursday delivery moved little in Wednesday’s trading as firm quotes in the Rockies, California, and Texas were able to offset weakness in the Northeast. The NGI National Spot Gas Average shed a penny to $1.84, and weakness in the East was driven by a soft next-day power pricing environment.

Physical gas for Thursday delivery moved little in Wednesday’s trading as firm quotes in the Rockies, California, and Texas were able to offset weakness in the Northeast. The NGI National Spot Gas Average shed a penny to $1.84, and weakness in the East was driven by a soft next-day power pricing environment.