NGI Weekly Gas Price Index

Weekly Natural Gas Prices Advance Amid Sweltering Western Heat

Weekly Natural Gas Prices Advance Amid Sweltering Western Heat

Weekly cash prices gained ground amid scorching temperatures and strong cooling demand across much of the western Lower 48, highlighted by whopping surges in California. NGI’s Weekly Spot Gas National Avg. for the June 14-18 period climbed 24.0 cents to $3.170. Blistering heat moved in early across the Plains, Mountain West, Southwest and California and…

June 18, 2021
First Taste of Summer Drives Big Gains in Weekly Natural Gas Prices; July Nymex Hits $3.33 on Tetco Worries

First Taste of Summer Drives Big Gains in Weekly Natural Gas Prices; July Nymex Hits $3.33 on Tetco Worries

Summer weather stepped up its game this week, providing momentum to spot gas prices as air-conditioning needs ramped up across much of the country. With highs in Texas and much of the central United States soaring into the 90s, NGI’s Weekly Spot Gas National Avg. climbed 13.0 cents to $2.930. Nymex futures also ended the…

June 11, 2021
Natural Gas Spot Prices Prove Resilient as Big Gains Seen Across U.S.; Futures Soar Above $3

Natural Gas Spot Prices Prove Resilient as Big Gains Seen Across U.S.; Futures Soar Above $3

Natural gas cash prices moved higher for the short week from June 1-4 despite mostly moderate weather keeping a lid on demand in much of the country. Heat out West led the gains, sending NGI’s Weekly Spot Gas National Avg. up 11.5 cents to $2.800/MMBtu. Natural gas futures also ended the week comfortably above $3.000…

June 4, 2021
Weekly Natural Gas Prices Lose Luster Amid Mild Temperatures in Key Regions

Weekly Natural Gas Prices Lose Luster Amid Mild Temperatures in Key Regions

In an abbreviated trading period ahead of the long Memorial Day weekend, weekly cash prices dipped lower amid mild temperatures throughout the nation’s midsection and Northeast. With both heating and cooling demand light on a national level, NGI’s Weekly Spot Gas National Avg. for the May 24-27 period fell 6.0 cents to $2.685. Gas traded…

May 28, 2021
Weekly Natural Gas Cash Gains Defy Weather, but Futures Languish Absent Summer Heat

Weekly Natural Gas Cash Gains Defy Weather, but Futures Languish Absent Summer Heat

The continuation of moderate weather ahead of what is expected to be a record-breaking summer did little to stop spot gas price gains during the week of May 17-21. NGI’s Weekly Spot Gas National Avg. climbed 5.5 cents to $2.745. June Nymex futures, meanwhile, blew past $3.00 early in the period as weather models teased…

May 21, 2021
Weekly Natural Gas Prices Fail to Find Footing as Heating Demand Dissipates

Weekly Natural Gas Prices Fail to Find Footing as Heating Demand Dissipates

Weekly natural gas cash prices struggled to gain traction amid mild temperatures and light demand across much of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the May 10-14 period shed 4.5 cents to $2.690. Waning heating demand also helped to keep the June Nymex futures contract in check. The prompt month settled…

May 14, 2021
Weekly Natural Gas Prices Post Modest Gain, Lifted by Early Surge

Weekly Natural Gas Prices Post Modest Gain, Lifted by Early Surge

Weekly natural gas cash prices gained ground amid seasonally cool temperatures and corresponding heating needs in the Midwest and Northeast. Spot prices jumped early, climbing 14.0 cents on Monday and laying a strong foundation for the week ahead. Though prices lost momentum as the week wore on, NGI’s Weekly Spot Gas National Avg. for the…

May 7, 2021
NGI Adopting Three-Day Natural Gas Bidweek Trading Period, Making Other Changes to Price Index Listings

NGI Adopting Three-Day Natural Gas Bidweek Trading Period, Making Other Changes to Price Index Listings

Natural Gas Intelligence (NGI) is moving forward with some of the changes it proposed in February to better align with marketplace trends, which include shifting to a three-day bidweek trading period instead of the traditional five days in its bidweek determination period. NGI also is making a number of changes to its price index listings…

May 7, 2021
Lingering Chilly Temps, Storage Concerns Drive Gains for Weekly Spot Gas, Futures Natural Gas Prices

Lingering Chilly Temps, Storage Concerns Drive Gains for Weekly Spot Gas, Futures Natural Gas Prices

Strong power burns and a three-day rally in Nymex natural gas futures lifted spot gas prices for the April 26-29 trading period, which covered gas delivery through April 30. West Coast markets led the way, boosting NGI’s Weekly Spot Gas National Avg. 8.5 cents to $2.700/MMBtu. The May Nymex futures contract, meanwhile, expired at $2.925…

April 30, 2021
Winter’s Last Dance Drives Double-Digit Gains for Weekly Natural Gas Prices

Winter’s Last Dance Drives Double-Digit Gains for Weekly Natural Gas Prices

One last blast of cold air swept across the United States this week, lifting spot natural gas weekly averages higher as heating demand increased. The Northeast led the rally, helping to boost NGI’s Spot Gas National Avg. up 12.0 cents to $2.615. The unseasonably strong late-season cold shot was still impacting much of the country…

April 23, 2021
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