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US NATGAS: NE Natgas Prices Rise on Day

US NATGAS
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In the US Northeast, regional hubs are pricing higher on the day, according to NGI data. This is likely supported by a tick up in demand and a slight fall in regional production.

  • Algonquin City gate is up $3.845/MMBtu, according to NGI.
  • Transco zone 6 NY is up $1.25/MMBtu on the day, while Transco non-NY is up 9.5 cents/MMBtu, according to NGI.
  • Tetco M3 is up 60.5 cents/MMBtu, Bloomberg said.
  • Northeast demand is up by around 0.21bcf/d and 1.27bcf/d above the 30-day average at 37.78 bcf/d.
  • This is supported by a 0.38 bcf/d uptick in end user demand, driven by a 0.34 bcf/d rise in residential and commercial consumption.
  • Regional production is 36.2bcf/d, down 0.07bcf/d on the day.
  • Production from the Appalachia shale play is 35.67bcf/d, down around 0.11bcf/d on the day. This compares to a 30-day average of 34.99bcf/d.
  • Imports from Canada are down to around 332 mcf/d today. This compares to 413 mcf/d yesterday.
  • Feedgas exports to Cove Point LNG are currently at 912 mcf/d, unchanged on the day. This is stronger than the 30-day average of 817 mcf/d.
  • The NE region refers to New York, Ohio, Pennsylvania, Virginia, West Virginia, and Maryland. All flow and production data is from Bloomberg.
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In the US Northeast, regional hubs are pricing higher on the day, according to NGI data. This is likely supported by a tick up in demand and a slight fall in regional production.

  • Algonquin City gate is up $3.845/MMBtu, according to NGI.
  • Transco zone 6 NY is up $1.25/MMBtu on the day, while Transco non-NY is up 9.5 cents/MMBtu, according to NGI.
  • Tetco M3 is up 60.5 cents/MMBtu, Bloomberg said.
  • Northeast demand is up by around 0.21bcf/d and 1.27bcf/d above the 30-day average at 37.78 bcf/d.
  • This is supported by a 0.38 bcf/d uptick in end user demand, driven by a 0.34 bcf/d rise in residential and commercial consumption.
  • Regional production is 36.2bcf/d, down 0.07bcf/d on the day.
  • Production from the Appalachia shale play is 35.67bcf/d, down around 0.11bcf/d on the day. This compares to a 30-day average of 34.99bcf/d.
  • Imports from Canada are down to around 332 mcf/d today. This compares to 413 mcf/d yesterday.
  • Feedgas exports to Cove Point LNG are currently at 912 mcf/d, unchanged on the day. This is stronger than the 30-day average of 817 mcf/d.
  • The NE region refers to New York, Ohio, Pennsylvania, Virginia, West Virginia, and Maryland. All flow and production data is from Bloomberg.