With the exception of a few constrained northeast points bidweek quotes had the trajectory of a safe falling from a ten story building. Declines were broad and pervasive across nearly every market point, and the NGI National Bidweek Average fell a stout 29 cents to $2.07.
Bidweek
Articles from Bidweek
Plump NatGas Supplies Pummel Bidweek Sellers, But Market ‘Bottom’ Questions Arise
The traditional producing states of Texas and Louisiana suffered the brunt of the decline in October bidweek pricing with declines of up to a dime. With the exception of the Northeast, nearly all regions of the country were off by upwards of a nickel, and NGI’s National Bidweek Average came in at $2.36, down 7 cents from September bidweek and a whopping $1.19 below October 2014 bidweek.
October 1, 2015
Widespread September Natural Gas Bidweek Slump Hits Producing Regions Hard
September natural gas bidweek trading at first glance shows widespread declines of about 15 to 20 cents from August bidweek levels, but on further examination, it appears that hefty gains at Northeast points were able to pull NGI’s SeptemberNational Bidweek Average up to a more respectable drop of just 13 cents to $2.43.
September 1, 2015
August Bidweek Prices Solid on Heat Despite Healthy Storage Volumes
August natural gas bidweek prices moved up about a nickel nationally as traders enjoyed what might be the last month of “normal” business before September and October production is expected to pack industry storage facilities.
August 3, 2015
California Posts July Natural Gas Bidweek Gains Surrounded By Sea of Red
Ample natural gas inventories, strong production and an unimpressive temperature outlook teamed to put downward price pressure on most bidweek locations for July, with a majority of individual points shedding about a nickel from June bidweek values. NGI’s National July Bidweek Average came in at $2.52, down 3 cents from June and a whopping $1.50 discount to July 2014’s $4.02 bidweek average.
July 1, 2015
California Posts July Natural Gas Bidweek Gains Surrounded By Sea of Red
Ample natural gas inventories, strong production and an unimpressive temperature outlook teamed to put downward price pressure on most bidweek…
July 1, 2015
June Natural Gas Bidweek Sellers Avoid Late Week Slump
Bidweek sellers for June enjoyed hefty gains of a quarter or more as a broad rally encompassed all sections of the country with all but a handful of points enjoying stout double-digit gains. The NGI June Bidweek National Average surged 26 cents to $2.55, and no actively traded points suffered declines.
June 1, 2015
June Natural Gas Bidweek Sellers Avoid Late Week Slump
Bidweek sellers for June enjoyed hefty gains of a quarter or more as a broad rally encompassed all sections of the country with all but a handful of points enjoying stout double-digit gains…
June 1, 2015
May Bidweek Buyers Score Big With Basis Deals
May bidweek trading was something of a subdued affair, with most points falling anywhere from a nickel to a dime.
May 1, 2015
May Bidweek Buyers Score Big With Basis Deals
May bidweek trading was something of a subdued affair, with most points falling anywhere from a nickel to a dime.
May 1, 2015
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