NGI Weekly Gas Price Index

In observance of the U.S. Independence Day holidays on Monday, July 3, and Tuesday, July 4, NGI’s Bidweek Survey for July 2023 will be published on Wednesday, July 5. Please also see NGI’s full 2023 Publishing Calendar.

Weekly cash prices forged ahead a third straight week as heat intensified and production remained mired in a maintenance-induced lull.  NGI’s Weekly Spot Gas National Avg. for the June 20-23 period advanced 22.0 cents to $2.185. The covered period was shortened by one session due to the Juneteenth holiday on Monday. Conditions during the week…

Weekly natural gas cash prices progressed again as production declined notably and temperatures heated up in the South to bolster cooling demand. NGI’s Weekly Spot Gas National Avg. for the June 12-16 period climbed 7.5 cents to $1.965. It advanced 8.0 cents the prior week. Leading gainers included Tenn Zone 1 non-St. 87, up 65.5…

Weekly natural gas cash prices pressed forward alongside a futures rally and forecasts for intensifying heat in the second half of June.  NGI’s Weekly Spot Gas National Avg. for the June 5-9 period gained 8.0 cents to $1.890/MMBtu. The average had declined the prior week in concert with a futures slump. At the end of…

In a holiday-abbreviated period in which futures struggled, weekly cash prices failed to sustain early momentum and finished in negative territory.   Spot markets started the week with solid gains before dipping lower late in the covered period. The late declines sent NGI’s Weekly Spot Gas National Avg. for the May 31-June 2 period down 24.0…

Weekly natural gas cash prices lost ground for the third time in May, hampered by strong supply levels and weak demand across much of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the May 22-26 period fell 14.0 cents to $1.910. Conditions during the covered period were fundamentally unfavorable for bulls: Production held…

Weekly natural gas cash prices snapped a May losing streak, bolstered by expectations that production will scale back in the coming weeks and months. NGI’s Weekly Spot Gas National Avg. for the May 15-19 period rose 33.5 cents to $2.050/MMBtu. The average had declined each of the two previous weeks amid pleasant weather. Weather conditions…

Weekly natural gas cash prices fell again amid benign shoulder season weather and stout supplies. NGI’s Weekly Spot Gas National Avg. for the May 8-12 period slumped 15.0 cents to $1.715. The average dropped 30.0 cents the prior week. Production pulled back early in the week amid maintenance events and wildfires in western Canada. But…

Weekly natural gas cash prices dropped amid mild temperatures and weakening demand across much of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the May 1-5 period fell 30.0 cents to $1.865/MMBtu. Conditions during the week largely favored bears. Production held around 100 Bcf/d most days – well above year-earlier levels and within…