NGI Data

Natural gas for weekend and Monday delivery skidded 7 cents on average in Friday’s trading. Nearly all points recorded losses, with some locations falling deep into double-digit declines.

Natural gas prices for Friday physical delivery on average fell 9 cents in Thursday’s trading. It was a tale of two coasts as West Coast points suffered hefty double-digit losses within a weak power environment and a nominal weather outlook. East Coast locations were mixed with prices a few pennies on either side of unchanged.

Physical gas for Thursday delivery gained overall on average 3 cents in Wednesday’s trading. Gains were widespread, with Gulf points solidly in the black, although Midcontinent constraints prompted lower prices at some Midcontinent pipelines. Major market hubs for the most part were within a few cents of unchanged.

Natural gas prices on Tuesday added 6 cents on average for Wednesday deliveries as gains were widespread with only a handful of points slipping into the loss column. The Midwest and California were particularly firm, but most Northeast and East points posted solid gains as well. At the close of futures trading, November had eased 3.0 cents to $3.790 and December was down by 3.1 cents to $3.935. November crude oil fell $1.20 to $101.21/bbl.

Physical natural gas prices for weekend and Monday delivery eased in Friday’s trading with points in the loss column having a slight edge over those in the win column.

Physical natural gas prices for weekend and Monday delivery eased in Friday’s trading with points in the loss column having a slight edge over those in the win column.

Natural gas cash and futures bulls took a breather Wednesday.

Natural gas cash prices fell hard, but futures held steady in Friday’s trading.

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.