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 fixed priced deals anywhere within TC Energy Corp.’s NOVA Gas Transmission Ltd. (NGTL) system in Alberta. The AECO Hub is a trademarked name used to describe the two storage facilities (Suffield and Countess), but the pricing point AECO C is a virtual point that has come to mean all gas that is traded along NGTL under the provisions of the NOVA Inventory Transfer service. Per the TC Energy website: “The terms AECO Hub, NIT and Alberta Hub increasingly are being used interchangeably to refer to the Alberta gas price and the Alberta pricing point. Pricing is determined at NIT, a notional location on the Alberta System.” Reported in $C/GJ. NGI’s index does not include basis transactions since those are traded in $US/MMBtu.
North America is swimming in natural gas and global demand still lags, but within a few months, opportunities are expected to open up as Gulf Coast and Western Canada exports expand and storage levels decline.
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 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.
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.
