Bidweek

Natural gas prices were modestly lower in April bidweek trading as the transition from winter to spring signaled milder weather, weakening demand and an end-of-season natural gas supply swelling to the brim. NGI’s April Bidweek National Avg. fell 19.5 cents month/month to $1.310/MMBtu. That was down from $2.180 a year earlier. Trading for the latest…

Natural gas prices retreated in March bidweek trading as signs of declining production were eclipsed by paltry weather-driven demand and lofty levels of supply in storage. NGI’s March Bidweek National Avg. fell $1.710 month/month to $1.505/MMBtu. That was down from $2.870 a year earlier. Trading for the latest bidweek period spanned Feb. 23, 26 and…

Strengthening but still lower production intersected with spring-like weather during February bidweek trading. Natural gas prices varied by region as a result, with swaths of the country impacted by lower supply and posting gains, and others reporting declines amid waning heating demand. Fresh concerns about the durability of the United States’ increasingly prominent LNG export…

Natural gas prices were mostly lower in January bidweek trading as blasts of cold buoyed demand in a few regions, but with most of the country flush with supply after a slow start to winter.  NGI’s January Bidweek National Avg., based on trades Dec. 22, 26 and 27, fell 25.0 cents month/month to $3.075/MMBtu, which…

In our continuing effort to stay ahead of the changes in physical flows of the North American natural gas market, Natural Gas Intelligence has implemented the previously announced January 1, 2024, changes to its Natural Gas Price Index tables. For more information, visit NatGasIntel.com/January1PriceIndexChanges. If you have any questions or comments regarding these changes, please…

Natural Gas Intelligence (NGI), a leading Price Reporting Agency (PRA) covering the North American natural gas market since 1981, has successfully completed its annual audit for 2022 pertaining to the processes and procedures for compiling NGI’s Daily, Weekly and Monthly (Bidweek) natural gas price indexes. NGI is proud to announce that no exceptions were found.…

Natural gas prices were a mixed bag in December bidweek trading, with some support coming via the arrival of robust heating demand in northern markets and new pipeline capacity out of West Texas broadening its sales base. However, relatively balmy forecasts for early December and a hefty wall of new gas supply doused some of…

In our continuing effort to stay ahead of changes in the physical flows of the North American natural gas market, particularly those in the U.S. Gulf Coast and Rocky Mountains regions, Natural Gas Intelligence (NGI) will amend the spot market price tables that appear in NGI’s various data services by adding three (3) new locations…

Natural gas prices surged in November bidweek trading as markets absorbed the sudden demand impacts of frosty winter blasts that permeated the Mountain West and the nation’s midsection. NGI’s November Bidweek National Avg., which traded Oct. 25-27, climbed 85.5 cents month/month to $3.135/MMBtu. However, it still came in below the year-earlier average of $4.950 for…