Cooler spring temperatures provided modest support to spot natural gas prices across most of the United States during the April 24-27 trading period, which covered gas deliveries through April 30. However, warmer temperatures arriving on the West Coast led to sharp price declines there, leaving NGI’s Weekly Spot Gas National Avg. off a half-cent to…
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Late-Season Heating Demand Lifts Natural Gas Weekly Cash, Futures Prices
Lingering cool weather in the northern stretches of the country, along with robust power burns and strong export demand in the southern states, sent the majority of U.S. gas prices higher during the April 17-21 week. However, steep losses out West sent NGI’s Weekly Spot Gas National Avg. down 4.0 cents to $2.170. Natural gas…
Lackluster Spring Demand and Robust Supply Take Toll on Weekly Natural Gas Cash, Futures Prices
Spot natural gas prices tumbled during the April 10-14 trading week as warmth spread across most of the country, limiting natural gas demand for heating and cooling. NGI’s Weekly Spot Gas National Avg. fell 29.5 cents to $2.210/MMBtu. Natural gas futures prices also softened given stubbornly strong production and robust storage inventories following a mild…
Weekly Natural Gas Cash Prices Trade Sideways, Futures Fail to Find Momentum
In an abbreviated stretch of trading, weekly cash prices eased slightly. The spot market made gains at times during the week alongside hits to production and chilly temperatures in the Mountain West and central United States. But those advances were more than offset by a pullback on the West Coast. NGI’s Weekly Spot Gas National…
As Futures Flounder, Weekly Natural Gas Spot Prices Push Ahead
Weekly natural gas cash prices powered forward as wintry chills and light supplies in the West overshadowed mild temperatures and light heating demand across most of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the March 27-30 period climbed 20.0 cents to $2.520. As the trading week closed, SoCal Border Avg. was up…
Weekly Natural Gas Spot Market Prices Sputter as Spring Nears; Futures Falter
Weekly natural gas cash prices fell as mild temperatures and light heating demand paved a path for price corrections. NGI’s Weekly Spot Gas National Avg. for the March 20-24 period dropped 40.0 cents to $2.320. Prices declined four out of the past week’s five sessions. Weather favored bulls to start the week, with chilly conditions…
Weekly Natural Gas Spot Prices, Futures Flounder Despite Supportive Winter Weather
Weekly natural gas cash prices crept lower even though seasonally cold temperatures and snowstorms spanned large swaths of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the March 13-17 trading period declined 29.5 cents to $2.720. Conditions during the week were favorable for heating demand, with heavy snow and freezing air spreading from…
Spring Appears to Have Sprung as Natural Gas Spot, Futures Prices Extend Declines
A mostly mild start to March continued to pressure natural gas spot prices during the March 6-10 trading week. Led by massive declines on the West and East coasts, NGI’s Weekly Spot Gas National Avg. dropped 52.0 cents to $3.015/MMBtu for the March 6-10 trading period. Natural gas futures didn’t fare any better, in fact,…
Weekly Natural Gas Spot Prices Mixed; Futures Find Fresh Momentum
Weekly natural gas cash prices gave up ground amid a late week pullback at Western hubs, though price momentum elsewhere proved strong amid production declines and forecasts for widespread cold in coming days. NGI’s Weekly Spot Gas National Avg. for the Feb. 28-March 3 period slipped 23.5 cents to $3.535. Warming conditions from California to…
NGI’s Natural Gas Price Index Changes to Take Effect April 1, 2023
In our continuing effort to stay ahead of the changes in physical flows of the North American natural gas market, Natural Gas Intelligence (NGI) is amending the spot market price tables that appear in NGI’s various data services by adding one (1) new location, making changes to three (3) existing indexes, and ceasing to publish…