NGI Weekly Gas Price Index

Despite bullish national production readings, weekly natural gas cash prices retreated alongside a West Texas supply glut and festering headwinds in the region.  NGI’s Weekly Spot Gas National Avg. for the April 8-12 period lost 25.0 cents to $1.210/MMBtu. West Texas prices, as they did the prior week, proved the principal source of weakness. Waha…

Weekly natural gas cash prices gained ground overall amid a rash of chilly northern temperatures, but pockets of weakness, particularly in West Texas, tempered the advance. NGI’s Weekly Spot Gas National Avg. for the April 1-5 period rose 16.0 cents to $1.460/MMBtu. As the trading week culminated, leading gainers included Michigan Consolidated, up 25.0 cents…

Natural Gas Intelligence (NGI), a leading Price Reporting Agency (PRA) covering the North American natural gas market since 1981, has successfully completed its annual audit for 2023 pertaining to the processes and procedures for compiling NGI’s Daily, Weekly and Monthly (Bidweek) natural gas price indexes. NGI is proud to announce that no exceptions were found.…

Weekly natural gas cash prices gave up modest ground despite a dose of chilly temperatures and lighter production readings to launch into the spring season.   In a Good Friday holiday-abbreviated week, NGI’s Weekly Spot Gas National Avg. for the March 25-27 trading period shed 5.5 cents to $1.300/MMBtu. Gas during the period was to flow…

Weekly natural gas cash prices were mixed during the week as some regions were supported by cold weather-driven demand, offset by widening storage surpluses and Freeport LNG’s plans to take two trains offline.   NGI’s Weekly Spot Gas National Avg. for the March 18-22 trading period gained 13.0 cents/MMBtu to $1.355. West Texas hub values mostly…

Weekly natural gas cash prices fell during the week to their lowest levels in years, undercut by the early onset of weak spring-like seasonal demand and continued delays in the restart of Freeport LNG’s third train. NGI’s Weekly Spot Gas National Avg. for the March 11-15 trading period fell 24.5 cents/MMBtu to $1.225 as some…

Weekly natural gas cash prices rose in the week as production cuts played catch-up with winter’s early demise in an attempt to balance markets and slow growing storage surpluses. NGI’s Weekly Spot Gas National Avg. for the March 4-8 trading period rose 3.0 cents/MMBtu to $1.470.  Bucking the trend higher, West Texas spot prices fell…

Weekly natural gas cash prices sank to their lowest levels of the year as weakening weather-driven demand outweighed supportive trends in production and LNG exports. NGI’s Weekly Spot Gas National Avg. for the February 29 to March 1 trading period for March gas delivery fell 11.0 cents/MMBtu to $1.440. Leading regional declines were the Northeast…

Weekly natural gas spot prices trended lower as soft weather-driven demand overshadowed fresh signs of lower production and more output cuts to come. NGI’s Weekly Spot Gas National Avg. for the holiday-shortened February 20-23 trading period fell 23.5 cents to $1.550. Leading cash price decliners for the week included Southern Border, PG&E in the West,…