Texas Eastern M-2, 30 Receipt Bidweek Natural Gas Price Snapshot
Location
Texas Eastern M-2, 30 Receipt
Pointcode
NEATETM2REC
Region
Appalachia
Avg. Price
x.xxx
D/D Change
x.xxx
Range
x.xxx
Volume
x.xxx
Deals
x.xxx
Want Historical Data? Check out NGI's Historical Data Download Tool. NGI offers Daily, Weekly, Bidweek, Forwards, Mexico, and MidDay Price History Data at over 200 hubs/locations back as far as 1988.
Includes receipts along the 30-inch diameter portion of Texas Eastern Transmission LP within its M-2 market zone. NGI’s index does not include transactions along the 24-inch diameter pipeline that traverses Indiana and Ohio.
October Nymex natural gas futures settled higher Thursday on some bullish implications from the latest storage data and potential lingering strong demand on the possibility that hot weather may continue through September.
Natural gas forwards slipped at the front of the curve for most locations alongside trimmed demand expectations for September, while hubs in Canada posted gains ahead of the nation’s first LNG export terminal.
In its debut run at the front of the Nymex natural gas futures curve, the October contract mustered momentum after a government inventory report met expectations and proved bullish relative to historical norms.
Natural gas futures reversed early steeper losses but held the downside following the latest storage data, which outlined a largely expected injection for the week ended Aug. 23.
