![]() Transco Z6 New York NG-CG-NY-SNL 1.44 1.58Įastern Gas (old Dominion South) NG-PCN-APP-SNL 1.40 1.54Īlgonquin Citygate NG-CG-BS-SNL 1.54 1. Natural Gas Next-Day Prices ($ per mmBtu) weekly power generation percent by fuel - EIA Refinitiv Heating (HDD), Cooling (CDD) and Total (TDD) Degree Days 1 day ago &0183 &32 The PGA Championship always has the strongest field of the year on the PGA Tour, and thats the case this week sans Tiger Woods at Oak Hill in New York for the second major championship with 99 of the worlds top 100 golfers set to play. Global Gas Benchmark Futures ($ per mmBtu) total storage versus 5-year average 17.7% 19.8% weekly natgas storage change (bcf): 67 54 76 87 LNG exports on track to hit record highs this year. NG/EUĮven though TTF gas prices were down about 52% and JKM was down about 62% so far this year, traders said global prices were still high enough to keep U.S. Gas was trading at a 22-month low of around $12 per mmBtu at the Dutch Title Transfer Facility (TTF) benchmark in Europe TRNLTTFMc1 and near a 22-month low of $11 at the Japan Korea Marker (JKM) in Asia JKMc1. In 2020, at least 175 LNG shipments were canceled due to oversupply and weak demand.īut for now, most analysts say energy security concerns following Russia's invasion of Ukraine in February 2022 should keep global gas prices high enough to sustain record U.S. exporters to cancel LNG cargoes this summer after mostly mild weather over the winter left massive amounts of gas in storage. Some analysts have questioned whether this year's gas price collapse in Europe and Asia could force U.S. Last month's record flows were higher than the 13.8 bcfd of gas the seven plants can turn into LNG since the facilities also use some of the fuel to power equipment used to produce LNG. Lower 48 states has risen to 101.6 billion cubic feet per day (bcfd) so far in May, up from a record 101.4 bcfd in April. At the Palo Verde hub EL-PK-PLVD-SNL in Arizona power prices dropped to their lowest since May 2020, while in New England EL-PK-NPMS-SNL power prices fell to their lowest since March 2021.ĭata provider Refinitiv said average gas output in the U.S. Next-day power sunk to a record low of $3.25 per megawatt hour (MWh) at the SP-15 hub EL-PK-SP15-SNL in Southern California. ![]() Next-day gas fell to its lowest since October 2020 at the Henry Hub benchmark NG-W-HH-SNL in Louisiana and its lowest since July 2020 at the Southern California Border NG-SCL-CGT-SNL. In the spot market, mild spring weather and a lack of heating or cooling demand pressured next-day power and gas prices for Monday to their lowest in years. Commodity Futures Trading Commission's Commitments of Traders report. All rights reserved.With gas prices down about 11% last week, speculators boosted their net short futures and options positions on the New York Mercantile and Intercontinental Exchanges for a second week in a row to their highest since early April, according to the U.S. Temperatures will be seasonably warm with highs in the lower to middle 80s and morning lows in the upper 50s with a 30 percent chance of showers or thunderstorms.Ĭopyright 2023 WRDW/WAGT. Overnight lows will be in the middle to upper 50s.Īnother front moves in Saturday keeping at least a small chance of rain in the forecast next weekend. Afternoon highs Thursday and Friday could be as much as 15 degrees below average with highs only in the lower to middle 70s. Thursday and Friday will be cloudy, cooler, and possibly even quite damp days, as a cool northeasterly breeze near the surface pushes a shallow layer of cool air underneath an otherwise warm and moist air mass aloft. Highs Tuesday and Wednesday will be near average in the middle 80s with much warmer than average overnight lows in the middle to upper 60s. Timing of these disturbances is still a bit uncertain, but the greatest rain chances will likely be during the warm afternoon and evening hours each day. Scattered showers and possibly a few thunderstorms are likely Tuesday and Wednesday as a front parks itself over our region and several upper level disturbances move over the area. Winds will be from the east at 5 to 10 mph. The chance of rain is 30 percent, mainly very early in the morning and again late in the day. A few spotty showers and possibly a thunderstorm are possible, especially in the afternoon. ![]() (WRDW/WAGT) - Monday will be a cloudy day, so temperatures will be milder than Sunday with highs in the lower to middle 80s. ![]()
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