Algonquin Citygate Northeast Natural Gas Prices

Published: Nov 10, 2014
Weekly Change
1.62
47.40%
Month/Month Change
2.37
88.8
Year/Year Change
0.93
22.60%
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Daily, Weekly and Bidweek Prices are in U.S.$/MMBtu except for locations in the Canada section which are in Cdn$/GJ. For more information, please see NGI's Price Methodology.

Forward Prices are expressed in U.S.$/MMBtu and based on indicative data obtained from traders, exchanges and deals provided by energy companies. "Fixed Price" represent the forward prices of gas delivered for each reference period at the various locations/hubs. "Basis Price" represent the differential, for each reference period, between the Henry Hub and various locations/hubs. The Summer and Winter prices are simple averages of Apr-Oct (7 months) and Nov-Mar (5 months) respectively. "Bal Smr" and "Bal Wtr" prices represent simple averages of the remaining months in those seasonal strips (after at least one month has passed). For daily updates of these data in monthly bullets going out 5 years, contact sales at info@natgasintel.com.

Algonquin Citygate Description

Includes transactions to delivery points within the Algonquin system. Excludes gas deliveries into Algonquin from connecting pipelines, as that is a separate index.

'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

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

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

Polar Vortex Targets Upper Midwest, But All Points Surge; Futures Spiral Lower

Next-day gas prices surged higher in Monday's trading ahead of the first blast of the polar vortex, which by the middle of the week was to hit major Midwest population centers, with temperatures as much as 20 degrees below normal. Read More
bidweekgraf1108

NatGas Markets Gain in Anticipation of Early Polar Vortex

In what looks to be the first of several gains in the NGI Weekly Spot Gas Average, prices nationally posted a hefty advance of 27 cents to $3.63. For the week ended Nov. 7 both physical and futures natural gas markets made preemptive moves higher as weather forecasts called for a return of Polar Vortex bone-rattling cold that was expected to begin its March south by Monday morning. Read More

Cash Gives Up a Few Pennies, But Futures Make It Nine Straight Higher

Spot gas prices for weekend and Monday delivery slipped lower in Friday's trading from Thursday's meteoric 24-cent rise. Although traders are bracing for super-sized cold by the middle of next week, near-term outlooks at major population centers were expected to be normal by Monday. Read More
EIAStorage1106

Physical, Futures Vault More Than 20 Cents as Polar Vortex Returns

Physical gas prices for Friday delivery continued their upward trajectory in Thursday's trading with a wide range of market responses to a strong screen... Read More
EIAStorage1106

Futures Falter Following Release of Storage Data

Natural gas futures took something of a hit off the release of government storage figures that were greater than what the market was anticipating. Read More