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May NatGas Bidweek Sees Most Price Points Rise for Second Straight Month

The Bidweek price landscape was able to continue the improvements seen in April Bidweek, and all but a handful of points recorded gains for May. Neither month appeared to be living up to its billing as a fall-off shoulder month. TheNGI National Bidweek Average for May rose a healthy 14 cents from April to $1.82, with Rocky Mountain and California points well into double-digit gains. ....

United States , El Paso , Westmoreland County , East Texas , Rocky Mountain , Great Lakes , Jim Ritterbusch , David Thompson , April Bidweek , Jim Teague , Tim Evans , Thengi National Bidweek Average For , Energy Information Administration , Spectra Energy Corp , Holt Co , Bidweek Average , Northwest Sumas , South Louisiana , South Texas , Texas Eastern , Spectra Energy , Penn Jersey Line , Delmont Compressor Station , Gulf Coast , President David Thompson , Marcellus Shale ,

NatGas Surges Above $13 on Crude Strength, Weather and Storage Concerns

After breaking above the $13/MMBtu price level on Tuesday, July natural gas futures continued to explore the upside throughout Wednesday. The prompt-month contract climbed an astounding 25.8 cents to finish Wednesday's regular session at $13.210, backed by low storage injection expectations for the week ended June 13, a $2.67/bbl bump in July crude futures due to Nigerian strike fears and a "couple of distinct waves" traveling in the tropical Atlantic and the Caribbean. ....

John Dee , Walter Zimmerman , Tim Evans , Energy Information Administration , United Energy , Intelligence Press Inc , Bentek Energy , Futures Perspective , Pacific Northwest , Intelligence Press ,