September

Traders Still Digesting Major Cooling; September Called 2 Cents Lower

September natural gas is expected to open 2cents lower Wednesday morning at $2.80as traders factor in an ongoing cooling trend in near-term weather forecasts. Overnight oil markets were narrowly mixed.

August 2, 2017

Traders Staying Long; September Seen Up a Penny

September natural gas is set to open a penny higher Friday morning at $2.98 as traders keep to their bullish stance and weather is seen having less of an impact. Overnight oil markets rose.

July 28, 2017

Still Waiting on Texas Petro Index Turnaround

September was the 22nd consecutive month that saw a decline in the Texas Petro Index (TPI), a barometer of upstream oil and natural gas activity in the Lone Star State. No one in the energy patch is going to call this recovery a quick one.

November 2, 2016

Only Moderate Cooling Expected; September Seen 2 Cents Higher

September natural gas is set to open 2 cents higher Tuesday morning at $2.61 as traders note only modest cooling in extended weather forecasts. Overnight oil markets gained.

August 16, 2016

Big Seven Plays to Continue Months-Long Production Decline in September, EIA Says

The downward slide of oil and natural gas production from the nation’s seven largest unconventional plays will extend into a twelfth month in September, though at a somewhat less pronounced decline, according to data from the Energy Information Administration (EIA).

August 15, 2016

Traders Eyeing Sales; September Called 2 Cents Lower

September natural gas is set to open 2 cents lower Friday morning at $2.85 as traders see a market at the upper end of its recent trading range and at the same time factor in expected above-normal temperatures in the weeks ahead. Overnight oil markets continued to melt down.

July 29, 2016

NatGas Production, Led by Shale States, Soared Again in September, EIA Says

U.S. dry natural gas production in September continued a stretch of record breakers, reaching 2.29 Tcf (76.3 Bcf/d), the highest of any September since the Energy Information Administration (EIA) began reporting such production data in 1973, the agency said.

December 3, 2015

Texas Upstream Job Losses Exceeding Earlier Estimates

Every component of the Texas Petro Index (TPI) was down again in September — except for crude oil and natural gas production volumes. And the economist who compiles the TPI warned that industry job losses could be even greater than his previous estimates.

November 13, 2015
Algonquin Citygate Forward Price Bullish in a Sea of Bearish Natural Gas Market Fundamentals

Algonquin Citygate Forward Price Bullish in a Sea of Bearish Natural Gas Market Fundamentals

Amongst milder weather and the comfortable lethargy of August trading, the forward market as measured by NGI’s Forward Lookmoved up just less than three cents on average since the close of trading on Aug. 21. For traders at many index locations, the price of September gas seems to have already been worked out with the start of the month less than a week away. However, there is one exception.

August 28, 2015

Lean Storage Build In Market, Analyst Says; September Called A Nickel Higher

September natural gas is seen opening 5 cents higher Tuesday morning at $2.80 as overnight weather forecasts continue a warming trend from late Monday. Overnight oil markets rose.

August 4, 2015