T1Y 7J7Fax: The market is said to be in “contango” if futures (or forward prices) are higher than spot prices. At the end of the month, NGX determines the monthly index price for the next month using the weighted average price of all transactions contracted for that month.The daily index price ("AECO/NIT 2A or 5A") and the monthly index price ("AECO/NIT 7A") are utilized by Alberta’s utility companies to establish their monthly gas cost recovery rates charged to their customers. Alberta Natural gas rates for Alberta’s consumers are based on gas prices established through the Natural Gas Exchange (NGX) electronic trading platform. 2 0 obj Natural gas is a fossil fuel that is both odorless and colorless in its purest form. 1 0 obj Commodities – Monday at 11:30 a.m. usd/bbl • data by nymex. From aluminum to zinc and everything in between, join BNN Bloomberg's Andrew Bell for the latest insight into the hot world of commodities and the companies that produce them, including interviews with mineral and mining entrepreneurs from Canada and around the globe. ET, Tuesday-Friday at 11 a.m. The daily spot price is determined by the NGX trading system and is referred to as the “AECO C/NIT” spot price. This chart also indicates that winter prices are typically higher than summer prices due to colder seasonal temperatures and higher heating demands.Providing a reliable and economical supply of natural gas to AlbertansCopyright �l±w��-��|�mY���iO��J�b�k}�@���Mn~l1s��A�\J>��,�b�k��|:x�S��bˀ�*=���ؐw���4�!�Q���:|��=h� �iF��P�=S�J.��N�8Xb�����!�%^*��ո���,de�&he�j��6z|f��̽�sK!�q�Ik��=7�h2��/���l��W�_�.8盂V�r�9 �iGD`�E/�"Ӫ��D�Spy �gZ�m 3:�Wl�+�KK
The trading platform is very liquid and typically sells over twice the amount of natural gas that is actually being produced in Alberta every day.The NGX trading platform is activated very early each day, with gas traders transacting numerous bids and offers every minute on various product offerings. This daily reporting by NGX includes future currency values and price differences between various market locations, commonly referred to as “basis differentials”.The following chart shows the current and future market prices for deliveries in Alberta for the next several years. To learn more about Daily GPI prices, check out our Price Index Methodology. (403) 509-2611 The most frequently traded product is gas supplies priced at “Daily Index”. Conversely, the market is showing “backwardation” if futures are trading below the spot price. Contract terms may be for the day, the weekend, rest of month or future months’ deliveries.

Near-month prices at AECO track Henry Hub prices, the exchange rate and the cost of transportation. Energy consultancy Aegent Energy Advisors estimates that the AECO differential to the Henry Hub spot price will widen to around US$2 per MMBTU by April 2019, which is 20% greater than the current discount.


ET . Gas Alberta Inc. All rights reserved.Calgary, <> endobj natural gas natural gas prices • friday close. monthly average natural gas prices. Our Methodology Methodology & Specifications Price Assessments Subscriber Notes Price Symbols Symbol Search & Directories Corrections Complaints. %���� Get stock price, historical stock charts & news for Generic 1st 'NG' Future The NGX platform brings together sellers who “offer” natural gas for sale and buyers who “bid” for natural gas purchases. ��l�9B�2ELo1 +���훔�Z�\��&v|,(�ȳ����$�V��\��ߑ��t��6ŀBbO��O�yn_��翚�﷛w��\4ZU�Ŷ��B[+oa(7oS�B�:��1��@F%TL;�dI/#���ʚj�T�|+�|x���2���������>�8��V�b"��S��c1�[�_��k3�w����Z���d5���, � ���,���(�bZ¥��ZIeV|�e�^$�V�bN֝����o͆�-�W����1L���}a��Z� Each day, traders buy and sell natural gas for next month’s deliveries. A polar blast is boosting prices for western Canadian natural gas, narrowing the commodity’s discount to the U.S. benchmark to the smallest in almost a year.Temperatures were expected to plunge as low as minus 34 degrees Fahrenheit (minus 37 Celsius) in Alberta’s capital of Edmonton overnight and drop as low as minus 30 degrees Fahrenheit in Calgary, the province’s largest city.The cold has helped boost spot gas at the AECO hub in Alberta, where prices rose to $1.96 per million British thermal units on Thursday. JUPITER ENERGY ADVISORS INC. noRR S-IO DRY OUTLOOK TEMPERATURE MROE 7 RUS 2020

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