Story of the Day

$150B-Plus of Upstream Projects Face Wipeout on Low Oil Prices, Says Analyst
Daily GPI
Final investment decisions for $150 billion worth of projects, including in Canada, Alaska and the Gulf of Mexico... Read More
Dgpi_3_stack-20141205

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NGI's Daily Gas Price Index

December 5, 2014

New England Gains Lead Market Higher; Futures End Loss Streak At Six

Physical gas for weekend and Monday delivery vaulted higher Friday, led by multi-dollar gains at a handful of New England points. Read More

UIL Abandons Deal to Buy Philadelphia Gas Works

UIL Holdings Corp. has terminated its $1.86 billion agreement to purchase Philadelphia Gas Works (PGW), the nation's largest municipally-owned gas utility, after the city council’s decision in October to rule out what it deemed a risky sale. Read More

Two Transco Projects Expand Service to Eastern Points

Williams' Transcontinental Gas Pipe Line Co. LLC (Transco) recently began service on two expansions along the eastern seaboard: the Northeast Connector Project and partially on the Virginia Southside Expansion Project. Read More
DGPI_3_Stack-20141205

$150B-Plus of Upstream Projects Face Wipeout on Low Oil Prices, Says Analyst

Final investment decisions for $150 billion worth of projects, including in Canada, Alaska and the Gulf of Mexico... Read More
NGV_Stack-20141205

NGV Incentives Receive Bipartisan Support

The need for a boost for the natural gas vehicle (NGV) sector is recognized on a bipartisan basis in Congress, but how and when it will take shape was still unknown on Wednesday after six industry executives made their case for federal tax incentives at a Senate Finance Committee subcommittee hearing chaired by Sen. Michael Bennet (D-CO). Read More
Total_NatGas_Proved_Res_Chg-20141204-v2

EIA Says Crude Reserves Highest Since 1975, North Dakota Passes GOM

U.S. proved reserves of crude oil and lease condensate exceeded the 36 billion bbl threshold for the first time since 1975, while North Dakota surpassed the federal Gulf of Mexico (GOM) and is now second only to Texas, according to the U.S. Energy Information Administration (EIA). Read More

Buckyballs Throwing New Curve Into Capturing CO2 From NatGas Wells

Rice University scientists are on to an environmentally friendly carbon-capture method that may be equally adept at drawing carbon dioxide (CO2) emissions from natural gas wells and industrial flue gases. Read More

Bears Temper Their Enthusiasm; January Called 5 Cents Higher

January natural gas is seen opening 5 cents higher Friday morning at $3.70 as traders react to deeply oversold conditions and note forecasts of eastern storms for next week. Overnight oil markets fell. Read More

Correction

EIAStorage1204

Futures and Cash Glide Lower; January Pummeled 16 Cents

Physical gas for Friday delivery managed to trade in similar fashion to futures Thursday in spite of the fact that most traders elected to get their deals done prior to the release of often market-jolting government inventory figures. Read More

Marcellus Masala: Supply Deal to Send Gas to India Via Cove Point

WGL Midstream has struck a deal to sell up to 430,000 Dth/d of natural gas to GAIL Global (USA) LNG LLC (GGULL) for 20 years. The gas is to be liquefied and exported from the Dominion Cove Point LNG terminal, where GAIL holds capacity, to supply markets in India. Read More
FL_Inbound_NatGas_Pipeline_Cap-20141204

FERC Gives Early Nod to Florida LNG Production Project

FERC on Wednesday approved the start of a pre-filing process on the first in a series of small-scale liquefied natural gas (LNG) production facilities a consortium hopes to develop starting with a site in Florida. Read More
Calif_NatGas_Deficit-20141204

California Producer, Partners Considering West Coast LNG Terminal

Australian Oil Co. Ltd. is leading a newly formed joint venture pursuing the development of a liquefied natural gas export terminal... Read More

FERC Approves Texas Eastern OPEN Project

FERC has approved Texas Eastern Transmission LP's request to construct and operate the Ohio Pipeline Energy Network (OPEN) project, which would carry Marcellus/Utica shale gas to Gulf Coast markets and other markets using interconnections with downstream pipelines. Read More

Senate Committee Signals Thumbs-Up to Honorable's FERC Nomination

Colette D. Honorable's nomination to become a commissioner at FERC received bipartisan support during a hearing of the Senate Energy and Natural Resources Committee Thursday, and members said they hoped to complete the process before the congressional session ends early next month. Read More

Sign Up for Bidweek Alert

NGI's Bidweek Alert - December: Day 5 November 26, 2014
For more detailed information please download the Excel data file
FIXED RANGE BASIS RANGE
South Texas
Agua Dulce 4.19 to 4.20 --
Florida Gas Zone 1 -- --
NGPL S. TX -- -0.12 to -0.11
Tennessee Zone 0 South -- -0.1375 to -0.13
Texas Eastern S. TX -- -0.08 to -0.08
Transco Zone 1 -- -0.0725 to -0.06
East Texas
Carthage -- -0.095 to -0.07
Houston Ship Channel 4.20 to 4.21 0.015 to 0.02
Katy 4.19 to 4.20 --
NGPL TexOk 4.04 to 4.21 -0.115 to -0.08
Tennessee Zone 0 North -- -0.13 to -0.13
Texas Eastern E. TX -- -0.15 to -0.13
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 4.07 to 4.35 --
Transwestern 4.10 to 4.34 --
Waha 4.10 to 4.29 --
Midwest
Alliance -- --
ANR ML7 5.05 to 5.17 0.97 to 1.05
Chicago Citygate 4.80 to 5.44 0.73 to 1.00
Consumers Energy 4.90 to 5.25 0.58 to 0.79
Dawn 4.78 to 5.59 0.69 to 0.875
Emerson -- 0.73 to 0.99
Joliet -- --
Michigan Consolidated 4.78 to 4.82 0.49 to 0.69
Midcontinent
ANR SW 4.28 to 4.41 0.05 to 0.08
Enable East 3.90 to 4.41 -0.09 to -0.06
Enable West -- --
NGPL Amarillo Mainline -- --
NGPL Midcontinent 4.06 to 4.36 -0.085 to -0.085
Northern Border Ventura 4.85 to 5.25 0.89 to 0.89
Northern Natural Demarc 4.56 to 4.98 0.50 to 0.52
Northern Natural Ventura 4.88 to 5.27 0.87 to 0.87
OGT 4.09 to 4.45 0.00 to 0.00
Panhandle Eastern 4.07 to 4.42 -0.10 to -0.01
Southern Star 4.16 to 4.29 --
North Louisiana/Arkansas
Perryville -- -0.0775 to -0.0375
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 4.42 to 4.43 -0.075 to -0.03
Trunkline Zone 1A -- -0.0725 to -0.02
South Louisiana
ANR SE 4.06 to 4.07 -0.065 to -0.02
Columbia Gulf Mainline 4.07 to 4.07 -0.08 to -0.0425
Columbia Gulf onshore -- -0.09 to -0.05
Florida Gas Zone 2 -- -0.025 to 0.01
Henry Hub -- 0.00 to 0.04
Southern Natural -- -0.0125 to 0.025
Tennessee Line 500 -- -0.05 to 0.02
Tennessee Line 800 -- -0.07 to 0.00
Texas Eastern E. LA 4.03 to 4.03 -0.12 to -0.04
Texas Eastern W. LA 4.12 to 4.13 --
Texas Gas Zone SL -- --
Transco Zone 3 4.10 to 4.50 -0.03 to 0.035
Trunkline E. LA -- -0.045 to -0.005
Trunkline W. LA -- -0.01 to -0.01
Alabama/Mississippi
Florida Gas Zone 3 -- 0.015 to 0.04
Texas Eastern M-1, 30 -- -0.125 to -0.06
Transco Zone 4 -- 0.00 to 0.04
Florida
FGT Citygate -- --
Rocky Mountains
Cheyenne Hub 4.33 to 4.50 --
CIG 4.13 to 4.40 --
CIG DJ Basin -- --
El Paso Bondad 4.40 to 4.40 --
El Paso non-Bondad 4.10 to 4.40 --
Kern River 4.17 to 4.46 --
Kingsgate -- --
Northwest S. of Green River 4.06 to 4.38 --
Northwest Sumas 4.58 to 4.81 --
Northwest Wyoming Pool 4.21 to 4.21 --
Opal 4.15 to 4.56 --
Questar 4.12 to 4.16 --
Stanfield -- --
Transwestern San Juan 4.39 to 4.43 --
White River Hub 4.25 to 4.38 --
Northeast
Algonquin Citygate -- 8.80 to 10.00
Algonquin Receipts 4.65 to 8.60 0.27 to 0.27
Clarington (non-Tenn) -- --
Clarington, Tennessee -- --
Columbia Gas -- -0.0925 to -0.045
Dominion South -- -1.36 to -1.10
Dominion North -- -1.50 to -1.29
Dracut -- --
Iroquois Zone 2 -- 3.60 to 3.95
Iroquois, Waddington -- 2.75 to 3.50
Lebanon -- 0.31 to 0.40
Leidy Hub -- -1.75 to -1.48
Millennium East Pool -- -1.67 to -1.29
Niagara -- -0.35 to -0.30
Tenn Zone 4 200L -- -0.95 to -0.65
Tennessee Zn 4 313 Pool -- -1.75 to -1.40
Tennessee Zn 4 Marcellus -- -2.10 to -1.40
Tenn Zone 5 200L -- -0.83 to -0.47
Tenn Zone 5 300L -- 0.10 to 0.22
Tenn Zone 6 200L -- 9.30 to 10.00
Tenn Zone 6 300L -- --
Texas Eastern M-2, 30 5.50 to 5.59 -1.08 to -0.46
Texas Eastern M-2, 30 Delivery 5.50 to 5.59 -1.05 to -0.46
Texas Eastern M-2, 30 Receipt 5.50 to 5.50 -1.08 to -0.88
Texas Eastern M-3 -- 0.17 to 0.52
Texas Eastern M-3, Delivery -- 0.17 to 0.52
Texas Eastern M-3, Receipt -- --
Transco Zone 5 5.98 to 6.22 1.625 to 1.85
Transco Zone 6 non-NY 5.82 to 5.83 1.65 to 1.95
Transco Zone 6 non-NY North 5.82 to 5.83 1.65 to 1.92
Transco Zone 6 non-NY South -- 1.75 to 1.95
Transco Zone 6 NY -- 2.70 to 3.60
Transco-Leidy Line 2.31 to 2.50 -1.98 to -1.68
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery -- --
California
Malin 4.28 to 4.60 --
PG&E Citygate 4.50 to 4.76 --
SoCal Citygate 4.50 to 4.79 --
Southern Border, PG&E -- --
Southern Border, SoCal 4.35 to 4.70 --
SoCal Border Avg. 4.35 to 4.70 --
Canada
Empress 4.11 to 5.10 --
NOVA/AECO C 3.69 to 4.19 --
Westcoast Station 2 3.42 to 3.86 --