Forward Look

Only a few natural gas forwards markets showed any signs of life during the short Independence Day holiday week, with the majority of price points swinging just a few cents in either direction.

While the majority of natural gas markets saw forwards prices follow the Nymex higher from Monday June 22 through Thursday June 25, one key western hub softened a bit, despite strong demand in the region due to weak hydro output.

While the majority of natural gas markets saw forwards prices follow the Nymex higher from Monday June 22 through Thursday June 25, one key western hub softened a bit, despite strong demand in the region due to weak hydro output.

Natural gas forwards basis markets in the Northeast softened considerably this week as long-term weather forecasts failed to offer up much support, keeping demand stagnant.

Natural gas forwards basis markets in the Northeast softened considerably this week as long-term weather forecasts failed to offer up much support, keeping demand stagnant.

Natural gas forwards prices were mostly higher for the period between June 8 and 11 as Nymex July futures strengthened on increasing power loads, but one Northeast point continued to weaken in the face of easing demand after this week’s heatwave.

Natural gas forwards prices were mostly higher for the period between June 8 and 11 as Nymex July futures strengthened on increasing power loads, but one Northeast point continued to weaken in the face of easing demand after this week’s heatwave.

Northeast forward market prices took a nosedive during the first week of June as weather systems in the region sent temperatures and demand tumbling to fall-like levels, leaving market players wondering whether demand will increase as summer gets under way.

Northeast forward market prices took a nosedive during the first week of June as weather systems in the region sent temperatures and demand tumbling to fall-like levels, leaving market players wondering whether demand will increase as summer gets under way.