Trading

Steady NatGas Physical Market Outshines Floundering Futures; January Drops 7 Cents

Going into the weekend, buyers and sellers on Friday for weekend and Monday deliveries were mostly balanced, as a strong Northeast and Appalachia were able to offset weakness in Texas, Louisiana, the Rockies and California.

December 2, 2016

Rebounding Physical NatGas Market Outpaces Sluggish Futures; November Drops 4 Cents

After the physical natural gas market took a 14 cent drubbing for weekend and Monday packages, the stage was set for a rebound in Monday’s trading. Physical prices got most of it back, with the NGI National Spot Gas Average posting a 13-cent rise to $2.69 and healthy double-digit gains spread across the board.

October 17, 2016
FERC Requests Info on Atlantic Sunrise Route Alternatives, Speculation Ensues

FERC Requests Info on Atlantic Sunrise Route Alternatives, Speculation Ensues

FERC filed a request for comments Thursday on a pair of route variations for the Atlantic Sunrise expansion proposed by Williams Partners’ Transcontinental Gas Pipe Line Co. LLC (Transco), raising speculation in the market that the project could be delayed.

October 14, 2016

NatGas Cash Surges in Monday Trading, But Futures Sag

Next-day natural gas prices rose across the board in trading Monday as ongoing warm temperatures and a hefty increase in next-day power prices provided gas buyers for electrical generation all the incentive needed to make incremental purchases.

September 19, 2016

Traders Mull Expected Thin Storage Build; September Called A Penny Higher

September natural gas is expected to open a penny higher Thursday morning at $2.67 as traders factor in ongoing warm temperatures and expected lean storage figures from a government report. Overnight oil markets rose.

July 28, 2016

NatGas Trading Increased For First Time in Four Years in 2015, Analyst Says

The amount of natural gas traded in the United States increased in 2015 for the first time in four years, with overall trading volumes up 4.1% compared to 2014, according to an analysis of FERC Form 552 submissions by Cornerstone Research.

July 14, 2016

Total Wants FERC to Toss NatGas Market Manipulation Charges

A market manipulation case brought against Total Gas & Power North America Inc. (TGPNA) by FERC’s enforcement staff “suffers from multiple infirmities” and doesn’t include documentary evidence of intent to manipulate any market, according to the company.

July 13, 2016

FERC Fines BP $20M in 2008 Market Manipulation Case; BP Challenges Decision

BP plc has been fined $20.16 million and ordered to disgorge another $207,169 by FERC after the agency found affiliates of the company had gamed the market for natural gas at the Houston Ship Channel (HSC) in 2008 after Hurricane Ike, a decision the London-based supermajor says it will continue to challenge.

July 12, 2016

Spot NatGas Cash, Futures Add 6 Cents; EIA Price Forecast Changes Tune

Spot natural gas for delivery Wednesday moved little in Tuesday’s trading as moderate strength in the Gulf, Midcontinent, and Midwest was mostly able to offset weakness at eastern points. The NGI National Spot Gas Average rose 2 cents to $1.90.

May 10, 2016

Spot NatGas Cash, Futures Add 6 Cents; EIA Price Forecast Changes Tune

Spot natural gas for delivery Wednesday moved little in Tuesday’s trading as moderate strength in the Gulf, Midcontinent, and Midwest was mostly able to offset weakness at eastern points. The NGI National Spot Gas Average rose 2 cents to $1.90.

May 10, 2016