Story of the Day

EIA to Add 10 States to Monthly NatGas, Oil Production Reports
Daily GPI
The U.S. Energy Information Administration has received approval from the Office of Management and Budget to add state-level data from 10 states... Read More
Eia_new_states-20141112

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NGI's Daily Gas Price Index

November 13, 2014

Gunnison Sage Grouse Listing as Threatened Species Draws Colorado's Ire

The Obama administration on Wednesday declared as threatened under the Endangered Species Act the Gunnison sage grouse, kicking off the prospect of likely legal challenges and posing potential problems for oil and natural gas development in parts of Utah and Colorado. Read More

'Heavy' Market Consolidating, Analyst Says; December Gas Called 4 Cents Lower

December natural gas is set to open 4 cents lower Thursday morning at $4.15 as traders see the market within a consolidation range. Market watchers were also given an extra day to hone inventory estimates. Overnight oil markets continued to sink. Read More

Strong New England, Mid-Atlantic Keeps NatGas Movin' On Up; Futures Retreat

As the flow of cold arctic air meandered its way into the US next-day gas prices surged at points which hadn't been hit with the cold's paralyzing effects. Multi-dollar gains were seen at New England points, but broad overall gains were able to offset weakness in the Midwest and Marcellus. The overall market gain was 14 cents to an average of $4.28, but if the titanic moves in a handful of New England points are factored out, the figure comes in at about a 6-cent gain nationally. Read More

Customers Protest Florida Gas Transmission Rate Hike Proposal

Several municipal electric and natural gas utilities in Florida have asked FERC to suspend a proposal by Florida Gas Transmission Co. LLC to raise its rates and generate more than $64 million in additional annual revenue. Read More

Henry Hub Spot Prices to Average $3.97/MMBtu This Winter, EIA Says

Natural gas working inventories at the start of the 2014-2015 heating season may be lower than last year, but the Energy Information Administration still expects Henry Hub spot prices to average $3.97/MMBtu this winter, down more than 12% compared with $4.53/MMBtu in winter 2013-2014. Read More

Natural Gas Still Seen as Most In-Demand Fossil Fuel in 2040, Says IEA

The global demand for natural gas by 2040 is forecast to grow by more than half, the fastest rate among all fossil fuels, with an increasingly flexible trade in liquefied natural gas (LNG) offering protection against the risk of supply disruptions, the International Energy Agency said in its latest annual forecast, World Energy Outlook (WEO) 2014.

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EIA_New_States-20141112

EIA to Add 10 States to Monthly NatGas, Oil Production Reports

The U.S. Energy Information Administration has received approval from the Office of Management and Budget to add state-level data from 10 states... Read More

Weather Forecasts Tweaked; December NatGas Seen 6 Cents Lower

December natural gas is expected to open 6 cents lower Wednesday morning at $4.19 as traders mull the possibility of a jet stream moderation to the current pattern of intense cold. Overnight oil markets weakened. Read More

Midwest, Great Lakes NatGas Points Gain As Cold Settles In; Futures Volatile But Steady

Physical gas prices for Wednesday delivery held firm overall in Tuesday's trading. Gains in the Midwest, Great Lakes, Mid-Atlantic and Marcellus were able to counter weakness in the Gulf, West Texas and the San Juan Basin and California. Nationally spot prices gained a penny to average $4.14. Read More
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Big Seven NatGas Production to Surge Even Higher Through Year's End

Production of natural gas and oil from the seven most prolific U.S. shale and tight oil regions will continue to increase through the end of the year, reaching 44.12 Bcf/d and 5.26 b/d in December, according to the Energy Information Administration. Read More

New National Mapping Tool for NGV Stations Unveiled

NGVAmerica, the Washington, DC-based trade association for the natural gas vehicle (NGV) sector, on Tuesday launched a new Internet-based map of the nation's NGV fueling stations. Read More
Qatar_Exports_Prod-20141111

U.S. LNG Export Trade to Rival Qatar by 2020, Says Citi

Where U.S. natural gas and oil exports are allowable they are surging, and as plans progress to carry liquefied natural gas (LNG) and more crude oil overseas, dramatic swings in the U.S. trade balance swiftly will transform America into an energy superpower, according to an in-depth analysis by Citi. Read More
Gunnison_Sage_Map-20141111

Gunnison Sage Grouse Listing May Impact E&Ps in Utah, Colorado

The Obama administration is weighing whether to list as “threatened” under the Endangered Species Act the Gunnison sage grouse... Read More

Analysts See NatGas Price Run Done, But Cold Continues; December Called 10 Cents Lower

December natural gas is set to open 10 cents lower Tuesday morning at $4.15 as traders concede the end of the current price advance for the moment, yet ponder continuing cold. Overnight oil markets were narrowly lower. Read More

Industry Brief

Sign Up for Bidweek Alert

NGI's Bidweek Alert - November: Day 5 October 31, 2014
For more detailed information please download the Excel data file
FIXED RANGE BASIS RANGE
South Texas
Agua Dulce -- --
Florida Gas Zone 1 -- -0.03 to -0.03
NGPL S. TX 3.66 to 3.66 --
Tennessee Zone 0 South -- -0.165 to -0.13
Texas Eastern S. TX -- -0.11 to -0.105
Transco Zone 1 -- -0.125 to -0.08
East Texas
Carthage -- -0.095 to -0.08
Houston Ship Channel 3.55 to 3.70 --
Katy 3.54 to 3.74 --
NGPL TexOk 3.47 to 3.65 -0.08 to -0.07
Tennessee Zone 0 North -- -0.16 to -0.16
Texas Eastern E. TX -- -0.14 to -0.10
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 3.38 to 3.53 --
Transwestern 3.35 to 3.39 --
Waha 3.37 to 3.42 --
Midwest
Alliance -- 0.145 to 0.145
ANR ML7 -- 0.19 to 0.20
Chicago Citygate 3.68 to 3.93 0.125 to 0.185
Consumers Energy -- 0.12 to 0.155
Dawn 3.77 to 4.08 0.20 to 0.275
Emerson -- 0.14 to 0.27
Joliet -- 0.145 to 0.145
Michigan Consolidated 3.83 to 3.90 0.1075 to 0.155
Midcontinent
ANR SW 3.37 to 3.59 -0.17 to -0.14
Enable East 3.48 to 3.63 -0.1775 to -0.175
Enable West -- --
NGPL Amarillo Mainline -- --
NGPL Midcontinent 3.37 to 3.61 -0.1825 to -0.1825
Northern Border Ventura 3.74 to 3.90 --
Northern Natural Demarc 3.63 to 4.00 0.06 to 0.06
Northern Natural Ventura 3.60 to 3.91 --
OGT 3.30 to 3.58 -0.26 to -0.26
Panhandle Eastern 3.28 to 3.61 -0.27 to -0.17
Southern Star 3.37 to 3.62 --
North Louisiana/Arkansas
Perryville -- -0.05 to -0.05
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.09 to -0.08
Trunkline Zone 1A -- -0.10 to -0.0775
South Louisiana
ANR SE -- -0.075 to -0.07
Columbia Gulf Mainline -- -0.095 to -0.085
Columbia Gulf onshore -- --
Florida Gas Zone 2 -- -0.025 to 0.01
Henry Hub 3.75 to 3.88 0.005 to 0.01
Southern Natural 3.55 to 3.55 -0.04 to -0.0275
Tennessee Line 500 -- -0.07 to -0.05
Tennessee Line 800 -- -0.09 to -0.08
Texas Eastern E. LA -- -0.11 to -0.08
Texas Eastern W. LA -- -0.08 to -0.08
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.0375 to -0.02
Trunkline E. LA -- --
Trunkline W. LA -- -0.01 to -0.01
Alabama/Mississippi
Florida Gas Zone 3 3.76 to 3.76 -0.025 to 0.02
Texas Eastern M-1, 30 -- -0.14 to -0.12
Transco Zone 4 -- -0.03 to -0.015
Florida
FGT Citygate -- --
Rocky Mountains
Cheyenne Hub 3.42 to 3.45 --
CIG 3.31 to 3.57 --
CIG DJ Basin 3.29 to 3.59 --
El Paso Bondad 3.35 to 3.58 --
El Paso non-Bondad 3.38 to 3.61 --
Kern River 3.41 to 3.64 --
Kingsgate -- --
Northwest S. of Green River 3.33 to 3.37 --
Northwest Sumas 3.55 to 3.69 --
Northwest Wyoming Pool 3.36 to 3.59 --
Opal 3.41 to 3.64 --
Questar 3.33 to 3.33 --
Stanfield -- --
Transwestern San Juan 3.40 to 3.62 --
White River Hub 3.37 to 3.43 --
Northeast
Algonquin Citygate -- 1.83 to 2.16
Algonquin Receipts -- --
Clarington (non-Tenn) -- --
Clarington, Tennessee -- --
Columbia Gas -- -0.13 to -0.075
Dominion South -- -1.72 to -1.49
Dominion North -- -1.76 to -1.535
Dracut -- --
Iroquois Zone 2 4.70 to 4.95 0.40 to 1.25
Iroquois, Waddington -- 0.30 to 0.45
Lebanon -- -0.02 to 0.01
Leidy Hub -- -1.68 to -1.55
Millennium East Pool -- -1.75 to -1.47
Niagara -- -1.10 to -1.00
Tenn Zone 4 200L -- -1.40 to -1.20
Tennessee Zn 4 313 Pool -- -1.85 to -1.75
Tennessee Zn 4 Marcellus 1.85 to 1.85 -2.00 to -1.62
Tenn Zone 5 200L -- -1.58 to -1.12
Tenn Zone 5 300L -- -1.60 to -1.60
Tenn Zone 6 200L -- 1.83 to 2.00
Tenn Zone 6 300L -- --
Texas Eastern M-2, 30 -- -1.68 to -1.39
Texas Eastern M-2, 30 Delivery -- -1.66 to -1.47
Texas Eastern M-2, 30 Receipt -- -1.68 to -1.39
Texas Eastern M-3 -- -1.53 to -1.16
Texas Eastern M-3, Delivery -- -1.53 to -1.16
Texas Eastern M-3, Receipt -- --
Transco Zone 5 -- 0.10 to 0.195
Transco Zone 6 non-NY 2.80 to 3.05 -1.15 to -0.375
Transco Zone 6 non-NY North 2.80 to 3.05 -1.15 to -0.70
Transco Zone 6 non-NY South -- -0.45 to -0.375
Transco Zone 6 NY -- -1.05 to -0.74
Transco-Leidy Line 1.90 to 2.10 -1.84 to -1.57
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery -- --
California
Malin 3.49 to 3.70 --
PG&E Citygate 4.04 to 4.28 --
SoCal Citygate 3.77 to 3.93 --
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 3.45 to 3.73 --
NOVA/AECO C 3.34 to 3.63 --
Westcoast Station 2 3.11 to 3.28 --