Story of the Day

B&V Survey Finds NatGas and Power Increasingly Linked
Daily GPI
The thirst for natural gas among power generators is predicted to see "material" increases by 2020, according to a survey of energy industry participants... Read More
Natural-gas-consumption_breakdown-20141029

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NGI's Daily Gas Price Index

October 29, 2014

Physical Gas, Futures Dance Higher; November Expires Up 8 Cents

Physical gas for Thursday delivery surged in Wednesday’s trading as forecasts called for plunging temperatures and a strong hint that the mild conditions experienced until recently might have to give way to a more seasonal temperature regime. Read More

Producers, Market Can Pass Higher LNG Stress Test, EIA Says

Exporting liquefied natural gas (LNG) will raise prices for domestic natural gas, but U.S. producers can keep up with the additional demand and keep the gas market balanced, according to an updated analysis released by the U.S. Energy Information Administration (EIA) Wednesday. In short, LNG exports are a win for the U.S. economy, EIA said again.

Read More

Geismar Plant Restart Coming Up, Williams Partners Says

Williams Partners LP's repaired and expanded Geismar Olefins plant in Louisiana is expected to begin manufacturing ethylene for sale in November. Read More

LA City Muni Outlines Plan to Drop Coal, Add Gas

In the first of a series of public meetings Tuesday night, the nation's largest municipal utility, the Los Angeles Department of Water and Power, unveiled an updated integrated resource plan calling for eliminating its use of coal-fired generation by 2026 and nearly doubling its current use of natural gas-fired power supplies. Read More

Shell Midstream IPO Could be Largest MLP Offering in Decade

Shell Midstream Partners LP on Wednesday debuted as one of the largest master limited partnership initial public offerings in more than 10 years. Read More
OR_Consumption_vs_Stanfield_Prices-20141029

More Gas Generation, Low Gas Prices in PGE's Future, CEO Says

Portland General Electric (PGE) has more than a billion dollars worth of new generation coming to fruition in the next two years, and $750 million is tied up in two new natural gas-fired plants, according to PGE CEO Jim Piro. Read More
Natural-Gas-Consumption_Breakdown-20141029

B&V Survey Finds NatGas and Power Increasingly Linked

The thirst for natural gas among power generators is predicted to see "material" increases by 2020, according to a survey of energy industry participants... Read More

Real Cold Not Here Yet; Expiring November Contract Seen 2 Cents Lower

The expiring November natural gas futures contract is seen opening 2 cents lower Wednesday morning at $3.63 as traders square books and see the market at oversold conditions. Overnight oil markets rose. Read More

New England, Gulf Losses Outdo Gains Elsewhere; Futures Bounce Off New Low

Gas for delivery Wednesday was mixed in Tuesday's trading with downturns in New England and the Gulf Coast just outlasting market strength in the Mid-Atlantic, Marcellus, Great Lakes and California. Overall, the market fell a penny. Read More

Falling Oil Prices Squeezing Onshore E&P Operators

It's only a "matter of weeks" before onshore operators begin laying down rigs in some U.S. oilfields, one industry observer told NGI on Tuesday. Onshore exploration and production (E&P) companies also are seeking price relief from oilfield service operators, according to one energy analyst. Read More

No Quick Fix for CPUC Gas Cases, PG&E CEO Says

Pacific Gas and Electric Co.'s (PG&E) regulatory and legal woes will not be over anytime soon, and in the meantime the combination utility continues to push back against what it considers excessive penalties proposed by state regulators, CEO Tony Earley said Tuesday. Read More

BP Slammed on Oil Price Plunge But Still Beats Consensus

BP plc on Tuesday posted a 19% decline in third quarter profits from a year ago, in part impacted by the global oversupply in crude oil, and in part on a huge drop in profits from its near-20% stake in Russia's OAO Rosneft, but the producer still beat Wall Street consensus by a wide margin. Read More
Northeast_LNG_Facilities-20141028

U.S. Investors Seek LNG Export License for Quebec Terminal

The lineup to launch Canadian liquefied natural gas exports spread Monday to Quebec, where a new Montreal firm created by U.S. investors... Read More

North Dakota Expects More Action on Methane Emissions

In tandem with natural gas flaring, methane emissions promise to be a growing issue for North Dakota state officials and the oil and gas industry, the head of the state environmental health section in the Department of Health told NGI'sShale Daily on Monday. Read More

Independent Eyes More Drilling in Northern California

San Diego-based Royale Energy Inc., a small independent with some big plans for Alaska's North Slope shale plays, is launching a drilling program in the Sacramento Basin dry natural gas fields, following a successful well in Tehama County, 130 miles north of the state capital. Read More

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NGI's Bidweek Alert - November: Day 3 October 29, 2014
For more detailed information please download the Excel data file
FIXED RANGE BASIS RANGE
South Texas
Agua Dulce -- --
Florida Gas Zone 1 -- --
NGPL S. TX -- --
Tennessee Zone 0 South -- -0.165 to -0.13
Texas Eastern S. TX -- -0.105 to -0.105
Transco Zone 1 -- -0.12 to -0.08
East Texas
Carthage -- -0.095 to -0.095
Houston Ship Channel 3.55 to 3.70 --
Katy 3.59 to 3.59 --
NGPL TexOk 3.47 to 3.65 -0.075 to -0.07
Tennessee Zone 0 North -- -0.16 to -0.16
Texas Eastern E. TX -- -0.14 to -0.14
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 3.38 to 3.47 --
Transwestern 3.35 to 3.39 --
Waha 3.41 to 3.41 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 3.68 to 3.88 0.125 to 0.135
Consumers Energy -- 0.135 to 0.155
Dawn -- --
Emerson -- --
Joliet -- --
Michigan Consolidated 3.83 to 3.84 0.1225 to 0.155
Midcontinent
ANR SW 3.37 to 3.58 -0.165 to -0.15
Enable East -- -0.1775 to -0.175
Enable West -- --
NGPL Amarillo Mainline -- --
NGPL Midcontinent 3.37 to 3.60 --
Northern Border Ventura -- --
Northern Natural Demarc 3.63 to 3.81 --
Northern Natural Ventura 3.60 to 3.82 --
OGT 3.30 to 3.45 -0.26 to -0.26
Panhandle Eastern 3.28 to 3.51 -0.27 to -0.19
Southern Star 3.37 to 3.52 --
North Louisiana/Arkansas
Perryville -- --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.09 to -0.08
Trunkline Zone 1A -- -0.10 to -0.08
South Louisiana
ANR SE -- -0.075 to -0.0725
Columbia Gulf Mainline -- -0.095 to -0.085
Columbia Gulf onshore -- --
Florida Gas Zone 2 -- --
Henry Hub -- 0.005 to 0.01
Southern Natural -- -0.035 to -0.03
Tennessee Line 500 -- -0.0625 to -0.05
Tennessee Line 800 -- -0.09 to -0.085
Texas Eastern E. LA -- -0.0825 to -0.0825
Texas Eastern W. LA -- -0.08 to -0.08
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.0375 to -0.03
Trunkline E. LA -- --
Trunkline W. LA -- --
Alabama/Mississippi
Florida Gas Zone 3 -- 0.00 to 0.01
Texas Eastern M-1, 30 -- -0.14 to -0.12
Transco Zone 4 -- -0.03 to -0.02
Florida
FGT Citygate -- --
Rocky Mountains
Cheyenne Hub 3.42 to 3.45 --
CIG 3.31 to 3.42 --
CIG DJ Basin 3.29 to 3.38 --
El Paso Bondad 3.42 to 3.42 --
El Paso non-Bondad 3.38 to 3.48 --
Kern River 3.43 to 3.56 --
Kingsgate -- --
Northwest S. of Green River 3.35 to 3.35 --
Northwest Sumas -- --
Northwest Wyoming Pool -- --
Opal 3.41 to 3.59 --
Questar -- --
Stanfield -- --
Transwestern San Juan 3.43 to 3.56 --
White River Hub 3.37 to 3.43 --
Northeast
Algonquin Citygate -- 1.83 to 2.12
Algonquin Receipts -- --
Clarington (non-Tenn) -- --
Clarington, Tennessee -- --
Columbia Gas -- -0.13 to -0.09
Dominion South -- -1.72 to -1.49
Dominion North -- --
Dracut -- --
Iroquois Zone 2 -- 0.40 to 0.50
Iroquois, Waddington -- 0.30 to 0.375
Lebanon -- --
Leidy Hub -- --
Millennium East Pool -- -1.75 to -1.65
Niagara -- --
Tenn Zone 4 200L -- -1.40 to -1.31
Tennessee Zn 4 313 Pool -- -1.75 to -1.75
Tennessee Zn 4 Marcellus -- -1.95 to -1.80
Tenn Zone 5 200L -- -1.58 to -1.50
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- 1.83 to 2.00
Tenn Zone 6 300L -- --
Texas Eastern M-2, 30 -- -1.66 to -1.39
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -1.66 to -1.39
Texas Eastern M-3 -- -1.53 to -1.17
Texas Eastern M-3, Delivery -- -1.53 to -1.17
Texas Eastern M-3, Receipt -- --
Transco Zone 5 -- 0.12 to 0.15
Transco Zone 6 non-NY -- -1.15 to -0.40
Transco Zone 6 non-NY North -- -1.15 to -0.86
Transco Zone 6 non-NY South -- -0.45 to -0.40
Transco Zone 6 NY -- -1.00 to -0.80
Transco-Leidy Line -- -1.84 to -1.68
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery -- --
California
Malin 3.50 to 3.68 --
PG&E Citygate 4.04 to 4.25 --
SoCal Citygate 3.77 to 3.89 --
Southern Border, PG&E 3.60 to 3.76 --
Southern Border, SoCal 3.60 to 3.77 --
SoCal Border Avg. 3.60 to 3.77 --
Canada
Empress -- --
NOVA/AECO C -- --
Westcoast Station 2 -- --