NGI Weekly Gas Price Index

Amid a bearish-leaning week in the natural gas futures market as traders eyed moderating late-summer cooling demand into the end of the month, weekly physical prices gave up ground despite some strong heat regionally for the period. The NGI Weekly Spot Gas National Avg. for Aug. 15-21 delivery came in at $2.600/MMBtu, off 11.0 cents…

It was an explosive week in both the natural gas cash and futures markets, with pipeline maintenance and a surprise bearish inventory report fueling large price swings during the Aug. 7-11 trading period.  For cash prices, robust power burns amid extreme heat in California and Texas, along with softer production and curbed gas flows, led…

Weekly natural gas cash prices gave up ground for the first time in a month, with bears seizing upon elevated supplies and moderately easing weather-driven demand in northern markets. NGI’s Weekly Spot Gas National Avg. for the July 31-Aug.4 period fell 38.0 cents to $2.505. This followed three consecutive weekly gains that were driven largely…

Weekly natural gas cash prices rallied for a third straight time, propelled by record heat and surging cooling demand. NGI’s Weekly Spot Gas National Avg. for the July 24-28 period jumped 26.5 cents to $2.885, despite a late week selloff following a force majeure in West Texas and ahead of an expected reprieve from toasty…

Intense and unrelenting heat waves, combined with lower production, powered weekly natural gas cash and futures prices higher. NGI’s Weekly Spot Gas National Avg. for the July 17-21 trading period gained 20.0 cents to $2.620/MMBtu. National Weather Service (NWS) data showed blistering heat from the deserts of California to Texas, with triple-digit highs peppering that…

Natural Gas Intelligence (NGI), a natural gas price reporting agency, has gained re-approval by the Federal Energy Regulatory Commission (FERC) as a price index developer meeting all or substantially all of the standards outlined in an April 2022 revised policy statement governing natural gas price indexes. In its July 11 order in FERC Docket No.…

Weekly natural gas cash prices regained momentum amid scorching temperatures and strong cooling demand across much of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the July 10-14 period advanced 2.5 cents to $2.420. The average had slipped 23.5 cents the prior week to end a month-long rally. Weather during the past week…

Weekly natural gas cash prices rallied early amid lofty temperatures and strong cooling demand across much of the Lower 48. But bullish sentiment faded late in the week amid a production rebound and an expected respite from the heat over the weekend. NGI’s Weekly Spot Gas National Avg. for the Independence Day holiday-abbreviated July 5-7…

During one of the hottest weeks of the summer so far, natural gas prices rallied in the final days of June. New England prices led the way given pipeline maintenance in the region, lifting NGI’s Weekly Spot Gas National Avg. up 44.5 cents to $2.630 during the four-day June 26-29 trading period for June gas…