Natural Gas Futures Tread Lightly Ahead of EIA Storage Print
With mixed weather patterns and a government inventory update only hours away, natural gas futures traded lower early Thursday.
Southern Border, PG&E Weekly Natural Gas Price Snapshot
| Location | Southern Border, PG&E |
| Pointcode | CALSPGE |
| Region | California |
| Avg. Price | x.xxx |
| D/D Change | x.xxx |
| Range | x.xxx |
| Volume | x.xxx |
| Deals | x.xxx |
Want Historical Data? Check out NGI's Historical Data Download Tool. NGI offers Daily, Weekly, Bidweek, Forwards, Mexico, and MidDay Price History Data at over 200 hubs/locations back as far as 1988.
Includes transactions into Pacific Gas & Electric Co.’s Line 300 (aka “Baja Path”) segment at the following pipeline interconnects: El Paso Natural Gas Co. LLC at Topock, AZ; Transwestern Pipeline Co. at Topock, AZ; and Kern River Gas Transmission Co. (KRGT) at Daggett, CA. It also includes gas delivered along KRGT’s High Desert Lateral and Southern California Gas at the Kern River Station. This index once included deliveries from MountainWest’s Southern Trails Pipeline Co. at Essex, CA, but that system has been abandoned.
Market News
-
-
Natural Gas Futures Retreat as Market Waves Off Heat, Favors Shift to Cooler Weather; Spot Prices Sink
Unable to gain traction, September Nymex natural gas futures saw early Wednesday gains ebbed away in favor of modest losses as tides were turning on fundamentals with lingering weather support expected to drift away into the fall shoulder season.
-
Natural Gas Futures Slip Lower Amid Mixed Outlook — MidDay Market Snapshot
Natural gas futures seesawed in a narrow range of gains and losses for a second straight session on Wednesday. The prompt month hovered in the red by early afternoon trading as market participants weighed expectations for strong late-August cooling needs and bullish supply trends against expectations for retreating demand in the fall.
-
When Will Waha Natural Gas Prices Find Firm Footing in Positive Territory?
Permian Basin benchmark Waha cash prices, mired in a protracted slump amid limited natural gas takeaway capacity and a supply glut, may see the summer come and go without relief. But a massive new pipeline is slated to enter service this fall, promising to free up an abundance of associated gas and ease pricing pressure.
-
Natural Gas Futures Search for Direction on Eve of EIA Storage Update
Natural gas futures traded in a narrow band early Wednesday as traders contemplated favorable late-summer fundamentals alongside the specter of fall weather and the inevitable swoon in cooling demand that it delivers.