Forward Look

Natural gas fixed forward prices all followed Nymex futures lower this week, but a couple of points posted even sharper declines as mild forecasts and the earlier-than-normal return of nuclear generation added pressure to those markets.

Natural gas forward basis markets spent most of the last week slowly chugging along, much like every other shoulder-season week of late, but Thursday (May 21) trading brought about a sharp downturn for one Northeast market hub that’s no stranger to volatility.

Natural gas forward basis markets spent most of the last week slowly chugging along, much like every other shoulder-season week of late, but Thursday (May 21) trading brought about a sharp downturn for one Northeast market hub that’s no stranger to volatility.

Some Northeast natural gas forwards markets were resuscitated from Monday May 11 through Thursday May 14, with prompt-month prices falling by the double-digits even as market fundamentals remained fairly stagnant.

Some Northeast natural gas forwards markets were resuscitated from Monday May 11 through Thursday May 14, with prompt-month prices falling by the double-digits even as market fundamentals remained fairly stagnant.

Natural gas forward basis markets shifted less than five cents across the board this week despite some significant fundamental changes taking place in key regions.

Natural gas forward basis markets shifted less than five cents across the board this week despite some significant fundamental changes taking place in key regions.

Natural gas forwards markets remained painfully quiet during the last week of April as only a handful of Northeast points shifted more than a few cents.

Natural gas forwards markets remained painfully quiet during the last week of April as only a handful of Northeast points shifted more than a few cents.