NGI Weekly Gas Price Index

Outside of the East Coast there weren’t many fireworks across the market landscape, and generally the three-day trading week saw prices move less than a dime. In the East, however, it could have been a replay of the attack on Ft. McHenry in Baltimore which in 1814 gave rise to the “Star-Spangled Banner.”

Outside of the East Coast there weren't many fireworks across the market landscape, and generally the three-day trading week saw prices move less than a dime. In the East, however, it could have been a replay of the attack on Ft. McHenry in Baltimore which in 1814 gave rise to the "Star-Spangled Banner."

Ahead of the holiday-shortened July 4 trading week, traders found physical natural gas prices slip-slidin’ away as cash prices could get little help from the screen and weather forecasts proved stubbornly uncooperative.

Ahead of the holiday-shortened July 4 trading week, traders found physical natural gas prices slip-slidin' away as cash prices could get little help from the screen and weather forecasts proved stubbornly uncooperative.

You would never have known that trading for the week ended June 19 followed the earliest point ever in the cooling season when power burn exceeded 31 Bcf/d. Prices made only modest gains and the NGI Average Weekly Spot Natural Gas Price rose a tepid 7 cents to $2.64.

You would never have known that trading for the week ended June 19 followed the earliest point ever in the cooling season when power burn exceeded 31 Bcf/d. Prices made only modest gains and the NGI Average Weekly Spot Natural Gas Price rose a tepid 7 cents to $2.64.

Traders might need treatment for whiplash following a week that saw natural gas cash and futures markets march mostly higher the first three days of the week on a widespread heatwave, only to retreat mightily on Thursday and Friday on mixed forecasts that the heat might dissipate.

Traders might need treatment for whiplash following a week that saw natural gas cash and futures markets march mostly higher the first three days of the week on a widespread heatwave, only to retreat mightily on Thursday and Friday on mixed forecasts that the heat might dissipate.

By the time weekly trading ended on Friday, every natural gas bull had left town. Not a single physical market point posted a gain for the week ended June 5, and theNGIWeekly National Spot Gas Average finished down a hefty 27 cents to $2.27.