NexusFi: Find Your Edge


Home Menu

 





Natural Gas (NG) Spot Price


Discussion in Commodities

Updated
      Top Posters
    1. looks_one marcopolo1 with 3 posts (1 thanks)
    2. looks_two Underexposed with 3 posts (5 thanks)
    3. looks_3 SMCJB with 2 posts (1 thanks)
    4. looks_4 Fat Tails with 1 posts (1 thanks)
      Best Posters
    1. looks_one Underexposed with 1.7 thanks per post
    2. looks_two Fat Tails with 1 thanks per post
    3. looks_3 SMCJB with 0.5 thanks per post
    4. looks_4 marcopolo1 with 0.3 thanks per post
    1. trending_up 2,351 views
    2. thumb_up 8 thanks given
    3. group 3 followers
    1. forum 9 posts
    2. attach_file 3 attachments




 
Search this Thread

Natural Gas (NG) Spot Price

  #1 (permalink)
 
marcopolo1's Avatar
 marcopolo1 
columbus OH/USA
 
Experience: Advanced
Platform: TOS
Broker: TOS
Trading: ES TF NQ, CL NG
Posts: 187 since Mar 2013
Thanks Given: 256
Thanks Received: 248

Anyone knows where I can download the historical natural gas spot price data (not the NG future front month but the actual spot price)?

I saw this chart from Chart of the day -- The continuing bull market in Natural Gas PeterLBrandt PeterLBrandt


Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Request for MACD with option to use different MAs for fa …
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Retail Trading As An Industry
67 thanks
NexusFi site changelog and issues/problem reporting
47 thanks
Battlestations: Show us your trading desks!
43 thanks
GFIs1 1 DAX trade per day journal
32 thanks
What percentage per day is possible? [Poll]
31 thanks

  #3 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
Posts: 9,888 since Mar 2010
Thanks Given: 4,242
Thanks Received: 27,102


The spot price of natural gas depends on the location. It might be different in Europe compared to the US, as it cannot be easily transported from one continent to another.

Here is a source for the natural gas spot prices at Henry Hub.

Henry Hub Natural Gas Spot Price (Dollars per Million Btu)

Reply With Quote
The following user says Thank You to Fat Tails for this post:
  #4 (permalink)
 Underexposed 
Calgary Alberta/Canada
 
Posts: 934 since Feb 2014


Quoting 
Anyone knows where I can download the historical natural gas spot price data (not the NG future front month but the actual spot price)?

there is no real national spot price as I understand it....each natural gas hub in the USA has its own spot price as shown in the following table

ICE Day Ahead Natural Gas Price Report

the Henry Hub price is the most often quoted price for Natural Gas in North America

Here is a source for the natural gas spot prices in Louisiana as well as the Henry Hub price.

https://dnr.louisiana.gov/assets/TAD/data/facts_and_figures/table19a.htm

You should be able to copy/paste this data into a text file and then from there import it into EXCEL for the analysis and charting you need to do.

To emphasize @Fat Tails point about pricing varying around the world this graphic shows this gap clearly and why Canada is anxious to build LNG terminals on the Pacific coast to service that market in Japan


Reply With Quote
  #5 (permalink)
 
marcopolo1's Avatar
 marcopolo1 
columbus OH/USA
 
Experience: Advanced
Platform: TOS
Broker: TOS
Trading: ES TF NQ, CL NG
Posts: 187 since Mar 2013
Thanks Given: 256
Thanks Received: 248


Fat Tails View Post
The spot price of natural gas depends on the location. It might be different in Europe compared to the US, as it cannot be easily transported from one continent to another.

Here is a source for the natural gas spot prices at Henry Hub.

Henry Hub Natural Gas Spot Price (Dollars per Million Btu)

Thanks for the link, just what I need -)

Started this thread Reply With Quote
  #6 (permalink)
 
marcopolo1's Avatar
 marcopolo1 
columbus OH/USA
 
Experience: Advanced
Platform: TOS
Broker: TOS
Trading: ES TF NQ, CL NG
Posts: 187 since Mar 2013
Thanks Given: 256
Thanks Received: 248


Underexposed View Post
there is no real national spot price as I understand it....each natural gas hub in the USA has its own spot price as shown in the following table

ICE Day Ahead Natural Gas Price Report

the Henry Hub price is the most often quoted price for Natural Gas in North America

Here is a source for the natural gas spot prices in Louisiana as well as the Henry Hub price.

https://dnr.louisiana.gov/assets/TAD/data/facts_and_figures/table19a.htm

You should be able to copy/paste this data into a text file and then from there import it into EXCEL for the analysis and charting you need to do.

To emphasize @Fat Tails point about pricing varying around the world this graphic shows this gap clearly and why Canada is anxious to build LNG terminals on the Pacific coast to service that market in Japan


Thanks so much for the explanation on price diversity and the great links!

Started this thread Reply With Quote
The following user says Thank You to marcopolo1 for this post:
  #7 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,033 since Dec 2013
Thanks Given: 4,359
Thanks Received: 10,172


Underexposed View Post

US = Shale Gas production surge/surplus and no export potential
Japan = Always been a large LNG importer but post the Fukushima Nuclear accident this has increased

It's worth noting that with crude at $106/bbl this equates to $18/MMbtu.

Before the US jump in production, the relationship between (US) NG and CL was a lot more stable than it is now.

Reply With Quote
  #8 (permalink)
 Underexposed 
Calgary Alberta/Canada
 
Posts: 934 since Feb 2014

Well it is more political will and infrastructure that puts restrictions on the export of Natural Gas not the fact that it is from the fracking of shale to get at the source.

I am Canadian so we have a different perspective on the export of this product. Our normal market was the USA however, with the glut on the market there the ability to sell this commodity has been severely restricted. As a result Canada has been forced to look for other countries to market our Natural Gas. As a result there is at least 2 if not 3 Liquid Natural Gas facilities in early planning stages on the British Columbia coast line. We have no laws restricting the export of this commodity, though the approval process for additional pipelines through the Rockies has many hoops to go through.

So from a Canadian perspective we have little choice but to develop export capability...we have to divorce ourselves from the single source market being the USA.

Reply With Quote
  #9 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,033 since Dec 2013
Thanks Given: 4,359
Thanks Received: 10,172

The US has also recently approved 2 LNG export terminals in addition to the 4 import terminals previously approved.

https://www.ferc.gov/industries/gas/indus-act/lng/lng-approved.pdf

Reply With Quote
The following user says Thank You to SMCJB for this post:
  #10 (permalink)
 Underexposed 
Calgary Alberta/Canada
 
Posts: 934 since Feb 2014


The following is a link to Government of Canada/Natural Resources Canada on the subject of LNG proposed terminals

https://http://www.nrcan.gc.ca/energy/natural-gas/5683


Reply With Quote





Last Updated on June 30, 2014


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts