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Record Cold, Blizzard Vault January Bidweek; Algonquin Reaches Record High

Record Cold, Blizzard Vault January Bidweek; Algonquin Reaches Record High

With a far-reaching blizzard and record-setting cold moving out of the Midwest and into the Northeast Thursday, it came as no surprise that January natural gas bidweek prices not only shot higher, but in at least one instance reached a record high.

January 2, 2014
December Bidweek Traders Riding Full Storage Into the Cold

December Bidweek Traders Riding Full Storage Into the Cold

December bidweek prices showed hefty double-digit gains throughout the country, with NGI’s National Average for the month jumping 24 cents from November to $3.77. Only a single individual point, PG&E Citygate, posted a loss, and advances of double-digits and in some cases, multi-dollars, were registered.

December 2, 2013

Subscriber Price Notice

In an effort to stay current with the continuously changing North American natural gas market, NGI is proposing to make several changes to the spot market price tables that appear in NGI’s Bidweek Gas Price Survey, NGI’s Weekly Gas Price Index, and NGI’s Daily Gas Price Index newsletters. These changes would be effective as of the first December 2013 editions of our various Gas Price Index newsletters, and are as follows:

November 1, 2013
November Bidweek Gains Mask Major Regional Shifts

November Bidweek Gains Mask Major Regional Shifts

“The times they are a changin’.” NGI’s National Spot Gas Average for November Bidweek prices showed a tempered gain of 9 cents to $3.53, but regional changes were moving around with the randomness of bumper cars at an amusement park.

November 1, 2013
October Bidweek Off A Nickel; Traders Looking Ahead to Winter

October Bidweek Off A Nickel; Traders Looking Ahead to Winter

With the shoulder season in full swing where it is cool enough to turn off the air conditioning yet not cold enough to turn on the heat,NGI’s October Bidweek National Spot Gas Average was a nickel lower than September at $3.44, yet 47 cents higher than the October 2012 bidweek average of $2.97. Most regions of the country for October 2013 eased anywhere from a couple of pennies to as much as a dime.

October 1, 2013
September Bidweek Sees Firm California, Basis Flip-Flops

September Bidweek Sees Firm California, Basis Flip-Flops

NGI’s National Spot Gas Average for September bidweek advanced a seemingly nominal 4 cents to $3.49 from the previous month, but even though the Midwest got the lion’s share of market focus during August as it endured a brutal heat wave, California for the most part scored the nation’s highest bidweek price, with the PG&E Citygate coming in at $3.88, up 12 cents.

September 1, 2013

Cool Temps, Gas Surplus Send August Bidweek Down 21 Cents

This year’s unseasonably cool summer in parts of the eastern United States and a natural gas supply glut brought on by the country’s shale production boom are continuing to put downward pressure on natural gas prices, as evidenced byNGI’s August Bidweek Survey. The national spot gas average for the month dropped 21 cents from July to average $3.45/MMBtu.

August 1, 2013

Northeast Leads ‘Free Fallin’ July Bidweek

With screen prices at a three-month low it’s no surprise that July bidweek came in a bit soft.NGI’s National Spot Gas Average for July bidweek came in at $3.66, a 48-cent decline from June 2013, but 94 cents higher than the July 2012 bidweek average.

July 1, 2013
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