NGI Weekly Gas Price Index

Weekly Natural Gas Spot Prices Weaken as Mild Weather Dominates 

Weekly Natural Gas Spot Prices Weaken as Mild Weather Dominates 

Weekly natural gas cash prices remained under pressure for a fourth week as unseasonably mild February weather limited heating demand across much of the country, while a tanking in natural gas futures contributed to an overriding bearish market sentiment. NGI’s Weekly Spot National Avg. for the Feb. 5-9 period fell 15.0 cents to $1.965.  While…

February 9, 2024
Weekly Natural Gas Spot Prices Tumble as Warmer Weather Saps Demand

Weekly Natural Gas Spot Prices Tumble as Warmer Weather Saps Demand

Weekly natural gas cash prices lost ground for a third week as mild weather limited demand for heating across much of the Lower 48.       NGI’s Weekly Spot National Avg. for the Jan. 31-Feb. 2 period fell 26.5 cents to $2.115, with declines in all but the Northeast region. Cold weather supported an uptick at a…

February 2, 2024
Weekly Natural Gas Spot Prices Slide as ‘Warmest Patterns of the Past 50 Years’ Hits Demand

Weekly Natural Gas Spot Prices Slide as ‘Warmest Patterns of the Past 50 Years’ Hits Demand

Weekly natural gas cash prices fell for a second week as milder winter weather deflated demand across much of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the Jan. 22-26 period tumbled $2.165 to $2.380/MMBtu with declines in all regions. The Northeast led the way down. Iroquois Zone 2 collapsed $13.480 to average…

January 26, 2024
Weekly Natural Gas Spot Prices, Futures Sputter After Winter’s Worst Cold

Weekly Natural Gas Spot Prices, Futures Sputter After Winter’s Worst Cold

Weekly natural gas cash prices lost ground for the first time this year with the brunt of the season’s worst winter storm passed and set to give way to warmer temperatures. NGI’s Weekly Spot Gas National Avg. for the holiday-shortened Jan. 16-19 period fell $1.520 to $4.545/MMBtu. Prices in most regions declined in the trading…

January 19, 2024
Weekly Natural Gas Spot Prices, Futures Post Robust Gains on Bone-Chilling Cold

Weekly Natural Gas Spot Prices, Futures Post Robust Gains on Bone-Chilling Cold

Weekly natural gas cash prices gained substantial ground for the second time early in the new year amid frigid temperatures across much of the Lower 48 and lighter production readings. NGI’s Weekly Spot Gas National Avg. for the Jan. 8-12 period cruised ahead $3.095 to $6.065. Big gainers peppered the Lower 48. Malin in the…

January 12, 2024
As Winter Arrives, Weekly Natural Gas Spot Prices and Futures Open New Year with Bull Parade

As Winter Arrives, Weekly Natural Gas Spot Prices and Futures Open New Year with Bull Parade

Weekly natural gas cash prices opened 2024 riding a wave of winter weather momentum, gaining substantial ground alongside the futures market. NGI’s Weekly Spot Gas National Avg. for the Jan. 2-5 trading period jumped 82.5 cents to $2.970. Conditions were defined by colder air in the Midwest to start January and expectations for a significant…

January 5, 2024
NGI’s Price Index Changes Effective January 1, 2024

NGI’s Price Index Changes Effective January 1, 2024

In our continuing effort to stay ahead of the changes in physical flows of the North American natural gas market, Natural Gas Intelligence has implemented the previously announced January 1, 2024, changes to its Natural Gas Price Index tables. For more information, visit NatGasIntel.com/January1PriceIndexChanges. If you have any questions or comments regarding these changes, please…

January 2, 2024
Weekly Natural Gas Cash Prices Up as Temps Fall While Storage Miss Sends Futures Higher

Weekly Natural Gas Cash Prices Up as Temps Fall While Storage Miss Sends Futures Higher

Weekly natural gas cash prices were mixed at locations nationwide as the Christmas holiday-shortened week sapped demand while some colder weather provided support. Meanwhile, futures staged a recovery on a bullish storage report, then whimpered into the New Year’s holiday weekend. NGI’s Weekly Spot Gas National Avg. for the Dec. 26-28 trading period for December…

December 29, 2023
NGI Completes Annual Price Index Audit

NGI Completes Annual Price Index Audit

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 2022 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.…

December 27, 2023
Weather, Holiday Drag Weekly Spot Gas Prices Down While Futures Up On Hopes of Cold

Weather, Holiday Drag Weekly Spot Gas Prices Down While Futures Up On Hopes of Cold

Weekly cash natural gas prices fell as demand stoked higher by Northeast storms and pipeline constraints were no match for the prevalence of unseasonably mild weather, while futures gained on outlooks for winter weather’s January arrival. NGI’s Weekly Spot Gas National Avg. for the Dec.18-22 period fell 5.5 cents to $2.335. The January Nymex natural…

December 22, 2023