Storage

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ARTICLES

Arizona Eyes Robust Winter Gas Supplies, Warmer Weather

Arizona regulators said Tuesday in an annual conference with major suppliers and distributors in Phoenix that the state has robust natural gas supplies for this winter, which is expected to be warmer and wetter than normal. Read More

All NatGas Cash Points Decline, Bringing Futures Along for the Ride

Every point fell in Wednesday's trading for Thursday physical gas delivery. New England points took the biggest hits, falling by double-digits, but similar losses were also noted on the West Coast as slipping temperatures joined forces with declining power loads and weak next-day power prices. Read More

Firm Power Demand, Prices Lift NatGas Cash Quotes; Futures Follow Falling Oil

Natural gas for delivery Wednesday at most market points rose in Tuesday's trading with an assist from the power markets, where next-day power loads across major transmission grids were forecast to be higher and next-day power prices responded accordingly. Read More

Consumers Energy to Invest More on Storage

Consumers Energy, Michigan's largest utility, said its extensive underground storage system helped save its natural gas customers about $295 million during last winter's polar vortex. Read More

Futures Post Lackluster Rally Following EIA Storage Stats

Natural gas futures rose modestly following the release of government storage figures that were somewhat less than what traders were expecting. Read More

Surging Northeast Natgas Quotes Surrounded By Weakness; Futures Swan Dive

Next-day gas prices were mostly lower in Monday's trading as stout double- and even triple-digit gains at some points in the East compared to drops nearly everywhere else. New England, the Mid-Atlantic, Marcellus points and Appalachia were all higher as pipeline curtailments remained in place, and forecast power loads increased. Next-day power prices were also firm. Producing region pricing came in mixed to lower. Read More

Moderate Temps Help NatGas Cash Market Take A Dive; Futures Advance

A convoluted weather pattern in the Northeast, mixed power loads and next-day prices, and a benign temperature outlook were enough to prompt $1-plus declines in New England in Friday's trading for weekend and Monday delivery. Read More

NGSA: Natgas Prices Lower This Winter, While Industrial Demand Seen Up Sharply

Natural gas prices are expected to be lower for the upcoming winter season than a year ago thanks to a combination of factors, including a return to normal winter temperatures, robust domestic production and adequate storage, according to the Natural Gas Supply Association (NGSA). Read More

Weather, Technicals Add Bullish Flavor; November NatGas Called A Nickel Higher

November natural gas is set to open 5 cents higher Wednesday morning at $4.17 as traders mull the magnitude and duration of expected cold events and technicians note the attempt to break a key resistance level. Overnight oil markets rose as well. Read More

Northeast NatGas Points Lead Wide-Ranging Advance; Futures Fumble

Gas for next-day delivery rose at nearly all market points in Tuesday's trading with the Northeast posting double-digit gains, and more widespread gains of a few pennies were seen in the Mid-Atlantic, Marcellus, and Appalachia areas. Other Producing regions were also solidly in the black. Overall the market added an average of 6 cents to $3.79. Read More