NGI Mexico GPI

President Trump took credit for an “energy independent” United States and a fairer trade relationship with Mexico and Canada during his State of the Union address Tuesday.

With tight supply/demand balances intact, natural gas futures posted a moderate gain Tuesday as a return to at least near-normal temperatures appears more likely by the middle of the month. The March Nymex gas futures contract settled near session highs at $1.872, up 5.3 cents. April climbed 4.0 cents to $1.902.

With tight supply/demand balances intact, natural gas futures posted a moderate gain Tuesday as a return to at least near-normal temperatures appears more likely by the middle of the month. The March Nymex gas futures contract settled near session highs at $1.872, up 5.3 cents. April climbed 4.0 cents to $1.902.

After some early strengthening, natural gas futures fizzled out by midday Monday as weather models struggled to maintain any sustained cold weather. The March Nymex contract touched an intraday high of $1.880/MMBtu before going on to settle at $1.819, down 2.2 cents day/day. April slipped 2.4 cents to $1.862.

After some early strengthening, natural gas futures fizzled out by midday Monday as weather models struggled to maintain any sustained cold weather. The March Nymex contract touched an intraday high of $1.880/MMBtu before going on to settle at $1.819, down 2.2 cents day/day. April slipped 2.4 cents to $1.862.

After some early strengthening, natural gas futures fizzled out by midday Monday as weather models struggled to maintain any sustained cold weather. The March Nymex contract touched an intraday high of $1.880/MMBtu before going on to settle at $1.819, down 2.2 cents day/day. April slipped 2.4 cents to $1.862.

Developer Mexico Pacific Ltd. LLC (MPL) has brought on former Cheniere Energy Inc. executive Douglas Shanda to be president and CEO of its Pacific Coast liquefied natural gas (LNG) project in Mexico.

Developer Mexico Pacific Ltd. LLC (MPL) has brought on former Cheniere Energy Inc. executive Douglas Shanda to be president and CEO of its Pacific Coast liquefied natural gas (LNG) project in Mexico.

Still facing bearish headwinds from weak winter weather, natural gas futures managed to finish Friday’s trading in positive territory, helped by indications of a tightening supply/demand balance. The March Nymex contract climbed 1.2 cents to settle at $1.841/MMBtu; April settled at $1.886, up 1.4 cents.