MNI BRIEF: China's Retail Sales Quicken To 4-Month High

MNI: China CFETS Yuan Index Down 0.24% In Week of Mar 17

MNI: PBOC Net Drains CNY2.5 Bln via OMO Monday

CHINA JAN-FEB INDUSTRIAL OUTPUT +5.9% Y/Y VS MEDIAN +5.3% Y/Y: NBS

MNI China Press Digest Mar 17: Consumption, Homes, Investment

MNI: PBOC Sets Yuan Parity Lower At 7.1688 Mon; -0.41% Y/Y

BAKER HUGHES CANADA RIG COUNT 199; OIL RIGS 139; GAS RIGS 60

MNI: BAKER HUGHES US RIG COUNT 592; OIL RIGS 487; GAS RIGS 100

EZ/UK T-Bill Calendar: DE, NL and FR Due Monday

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US NATGAS: New England Gas Prices Falling

US NATGAS
USEnergy BulletsNorth AmericaBulletCommodities

New England gas prices are trending down today, with a drop in demand on the day, according to EIA and NGI pricing.

  • Algonquin Citygate is down $2.50/MMBtu on the day to $16.00/MMBtu, the EIA said citing SPMI data. NGI has it down $2.575/MMBtu.
  • Tennessee Zone 5 200L is down $5.38/MMBtu, NGI said.
  • Demand into New England is at 3.94 bcf/d, down around 0.17 bcf/d on the day, the EIA said. Bloomberg has end user demand slightly higher at 3.99, comprised of 28% power demand, 60% residential and commercial demand, and 12% industrial demand.
  • Regarding power demand, gas being used for electricity generation is down slightly on the day to 291,978 MWh, 57% of total generation.
  • Total consumption is higher on a seasonal basis than the same period in 2023& 2024, but remains within the 5-year range.
  • Regional pipeline utilisation is at 75%, the EIA said. Bloomberg has total pipeline inflows at 3.56 bcf/d, down from 3.92 bcf/d the previous day. 
154 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

New England gas prices are trending down today, with a drop in demand on the day, according to EIA and NGI pricing.

  • Algonquin Citygate is down $2.50/MMBtu on the day to $16.00/MMBtu, the EIA said citing SPMI data. NGI has it down $2.575/MMBtu.
  • Tennessee Zone 5 200L is down $5.38/MMBtu, NGI said.
  • Demand into New England is at 3.94 bcf/d, down around 0.17 bcf/d on the day, the EIA said. Bloomberg has end user demand slightly higher at 3.99, comprised of 28% power demand, 60% residential and commercial demand, and 12% industrial demand.
  • Regarding power demand, gas being used for electricity generation is down slightly on the day to 291,978 MWh, 57% of total generation.
  • Total consumption is higher on a seasonal basis than the same period in 2023& 2024, but remains within the 5-year range.
  • Regional pipeline utilisation is at 75%, the EIA said. Bloomberg has total pipeline inflows at 3.56 bcf/d, down from 3.92 bcf/d the previous day.