November 14, 2022

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Gas Markets

Market Watch

Nymex December gas futures saw another unusually volatile session Monday before settling up 5.4¢ at $5.933/MMBtu. Late winter gyrations initially sent the contract up 53.7¢ to an early $6.416 high as bulls attempted to price in the current cold. The 12-month strip was up 1.1¢ to $5.21; the 2023 calendar strip edged up 0.7¢ to $5.174 (Futures contracts)

WTI December crude lost $3.09 to $85.87/bbl.

* * *

Appalachia's Millennium Pipeline Co., East Receipts saw the most significant price move of the day, rising $4.04 to $5.89. This compared to benchmark Henry Hub cash prices that were up $1.56 at $6.15. In the Northeast, Transco zone 6 New York went up $2.51 to average $6.31, while Boston-area Algonquin advanced $2.28 to average $6.49. In West Texas, cash prices at the Permian's Waha Hub rose $1.75 to average $5.17. Meanwhile, Rockies leader Kern/Opal rose 61¢ to $8.52, SoCal Citygate advanced 77¢ to average $8.85 and Northwest Sumas gained 75¢ to average $8.77. In Canada, Alberta benchmark Aeco rose 53¢ to $4.36 (Daily cash prices).

* * *

The US Energy Information Administration expects shale gas production to rise 564 million cubic feet per day in December. According to the EIA's Drilling Productivity Report for the seven major shale plays in the US, the Hayneville will lead gains with an additional 174 MMcf/d of production. Appalachia, which is ramping up output for the winter, came in second with an additional 135 MMcf/d.

Tom Haywood, Houston

Natural Gas Spot Prices

Top 5 Upward & Downward Price Movements
Millennium Pipeline Co., East ReceiptsTennessee Zone 4 300 leg, receiptsTennessee Zone 4 313 poolTransco Z6 - Non-NYTransco Leidy Line    Kingsgate-20%0%20%40%60%80%100%120%140%160%180%200%220%Millennium Pipeline Co., East ReceiptsTennessee Zone 4 300 leg, receiptsTennessee Zone 4 313 poolTransco Z6 - Non-NYTransco Leidy Line    Kingsgate
Note: Nov 14' 22 versus prior day price: points moving up (78), down (1).
Natural Gas Spot Prices
Trade Date: Nov. 14, 2022 / Flow Date: Nov. 15, 2022
The above figures refer to volume-weighted averages for gas deals done today for tomorrow's flow, or weekend delivery on Friday trading, at each particular spot. Change reflects the difference from the previous published price. Composites reflect volume-weighted average for all deals done in the regional grouping. Daily Composite Spot Wellhead is a volume-weighted average for all producing area pipelines less gathering and processing costs. All prices are in $/MMBtu.

Critical Notices

Sort:
Count of Critical Notices in Last 7 Days
Algonquin GasTransmissionColumbia GasTransmissionEl Paso NaturalGasNatural GasPipeline Co.NorthwestPipelineNOVA GasTransmissionLtdTennessee GasPipeline Co.Texas EasternTransmissionTranscoTranswesternPipelineCompany, LLC0102030405060Algonquin GasTransmissionColumbia GasTransmissionEl Paso NaturalGasNatural GasPipeline Co.NorthwestPipelineNOVA GasTransmissionLtdTennessee GasPipeline Co.Texas EasternTransmissionTranscoTranswesternPipelineCompany, LLC
Critical Notices

Natural Gas Futures

Nymex Henry Hub Future Price Curves
Nov 14, '22
Dec'22Jan'23Feb'23Mar'23Apr'23May'23Jun'23Jul'23Aug'23Sep'23Oct'23Nov'23($/MMBtu)4.64.855.25.45.65.866.26.46.66.8Dec'22Jan'23Feb'23Mar'23Apr'23May'23Jun'23Jul'23Aug'23Sep'23Oct'23Nov'23CurrentLast Month
Henry Hub
Change from prior day, Nov 11 '22


Related Markets

Comparative Fuels

Comparative Fuels
Prices for Nov 14 '22

Spot Cash Electricity Prices

Spot Cash Electricity Prices
Today's prices as of Nov 11 '22

Gas Needed to Replace Offline Nuclear Capacity

Gas Needed to Replace Off Line Nuclear Capacity
355634933370315029282817273524462283Nov 6Nov 7Nov 8Nov 9Nov 10Nov 11Nov 12Nov 13Nov 14(MMcf/d)0500100015002000250030003500Nov 6Nov 7Nov 8Nov 9Nov 10Nov 11Nov 12Nov 13Nov 14NortheastSoutheastTexasUpper MidwestWestTotalYear-Ago
Note: Source: US Nuclear Regulatory Commission's Daily Power Reactor Status Report and Energy Intelligence,Historical data available via EI New Energy Data

Gas Prices, Power Prices and Spark Spreads for Major Hubs

Marginal Heat Rates (Btu/kWh)
5 Nov 22 6 Nov 22 7 Nov 22 8 Nov 22 9 Nov 2210 Nov 2211 Nov 2250001000015000200002500030000350004000045000 5 Nov 22 6 Nov 22 7 Nov 22 8 Nov 22 9 Nov 2210 Nov 2211 Nov 22Malin/COBSocal/Palo VerdeAlgonquin/NE PoolHouston SC - Katy/ErcotStanfield/Mid-Col.TZ6 NNY/PJM W
Note: Indicates the threshold heat rate for each gas/power pair. Below the MHR, gas-fired generation may be more cost effective vs. purchased power above. For holidays and weekends, the previous business day's values are displayed.
Gas, Power Prices & Spark Spreads for Generators Major Hubs

Renewable Energy

Gas Equivalent of Caiso Wind and Solar Output
5 Nov 6 Nov 7 Nov 8 Nov 9 Nov10 Nov11 Nov12 Nov13 Nov(MW)01000200030004000500060007000(MMcf/d)9001000110012001300140015001600 5 Nov 6 Nov 7 Nov 8 Nov 9 Nov10 Nov11 Nov12 Nov13 NovCAISO Solar PVCAISO Solar ThermalCAISO WindTOTAL gas equivalent (MMcf/d)TOTAL gas equivalent (MMcf/d) - Last Year
Note: Historical data available via EI New Energy Data
Note: Historical data available via EI New Energy Data



Gas Equivalent of Ercot Wind Output
2 Oct 3 Oct 4 Oct 5 Oct 6 Oct 7 Oct 8 Oct 9 Oct10 Oct(MW)01000200030004000500060007000(MMcf/d)500100015002000250030003500400045005000 2 Oct 3 Oct 4 Oct 5 Oct 6 Oct 7 Oct 8 Oct 9 Oct10 OctWind Generation (MW)Gas equivalent (MMcf/d)Gas equivalent (MMcf/d) - Last Year
Note: Historical data available via EI New Energy Data
Note: Historical data available via EI New Energy Data



Gas Equivalent of PJM Renewable Output
4 Nov 5 Nov 6 Nov 7 Nov 8 Nov 9 Nov10 Nov11 Nov12 Nov13 Nov(MW)01000200030004000500060007000800090001000011000(MMcf/d)1000110012001300140015001600170018001900200021002200 4 Nov 5 Nov 6 Nov 7 Nov 8 Nov 9 Nov10 Nov11 Nov12 Nov13 NovPJM SolarPJM HydroPJM WindPJM Other RenewablesTOTAL gas equivalent (MMcf/d)TOTAL gas equivalent (MMcf/d) - Last Year
Note: Historical data available via EI New Energy Data
Note: Historical data available via EI New Energy Data




Weather

Today's Short-Term Weather Forecast

Atlanta
Austin
Denver
Detroit
Las Vegas
Los Angeles
Minneapolis
Nashville
Philadelphia
Seattle
Washington
Boston
Orlando
New York
Leaflet | Weather from OpenWeatherMap
To change the layers on the map, click the icon to the left and choose the layer you want to display.
Layers available on weather map:
  • Temperature:
    Current ground temperature(in Fahrenheit).
  • Clouds:
    Displays the positions of the current cloud cover.
  • Precipitation:
    Displays current amount of falling water in liquid, sleet or snow form (in inches).
  • Wind speed:
    Displays the current wind speed(in knots).
  • Sea Level Pressure:
    Displays the current pressure at sea level(in millibars).
  • Snow:
    Displays the daily snow fall(in inches).
  • Rain:
    Displays today’s amount of rain fall(in inches).

Degree Days

Degree Days
1601841471552072823042918November9November10November11November12November13November14November15November0501001502002503008November9November10November11November12November13November14November15NovemberCDDHDDCDD AvgHDD Avg
Note: Cooling Degree Days is the sum of temperature variances above 65 degrees for 14 cities: Atlanta, Georgia, Austin, Texas, Denver, Colorado, Detroit, Michigan, Las Vegas, Nevada, Los Angeles, California, Minneapolis, Minnesota, Nashville, Tenn, Philadelphia, Pennsylvania, Seattle, Washington, Washington, DC, Boston, Massachusetts, Orlando, Florida, New York, New York. Heating Degree Days is the sum of temperature variances below 65 degrees for those same 14 cities.
Degree Days


Regional °F Degree Day Differentials
Values listed are the previous days' difference from the 5-year degree day average.

Ex: A value of -4° indicates previous days' degree days were 4 degrees below the 5-year average.

Northeast US
New York 1°
Orlando -1°
Boston 3°
Washington -1°
Seattle -7°
Philadelphia 1°
Nashville -4°
Minneapolis -3°
Los Angeles -7°
Las Vegas -9°
Detroit 2°
Denver -17°
Austin -8°
Atlanta -7°
Southeast US
New York 1°
Orlando -1°
Boston 3°
Washington -1°
Seattle -7°
Philadelphia 1°
Nashville -4°
Minneapolis -3°
Los Angeles -7°
Las Vegas -9°
Detroit 2°
Denver -17°
Austin -8°
Atlanta -7°

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