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Where is Transco Zone 5?

Where is Transco Zone 5?

The former end of the line in New Jersey/ New York (Transco Zone 6-Non-NY) The new end of the line, referenced by Transco Zone 5 price point in the Virginia/North Carolina area.

What is NGI index?

The spot market prices that appear in the various NGI’s “Gas Price Index” publications (NGI’s Bidweek Survey, NGI’s Weekly Gas Price Index, and NGI’s Daily Gas Price Index) represent the market value of natural gas in the wholesale market for a particular location, over a specified period of time.

How is Inside FERC calculated?

Gas Daily pricing is calculated as a weighted average of the daily cash prices for a month. Therefore, it is not known until the month ends. In contrast, Inside FERC is a flat price for the month, which is established before the beginning of a month (first of the month), during “bid week.”

What is the gas company in Chicago?

Chicago Natural Gas Provider – Peoples Gas Peoples Gas is the Chicago natural gas company that has served the city for over 170 years. They are regulated by the Illinois Commerce Commission.

What is gas Daily Daily?

Gas Daily offers the most detailed coverage of natural gas prices at interstate and intrastate pipeline and pooling points in major US markets. Whether you’re a risk manager, research analyst, trader or broker, Gas Daily brings you crucial competitive intelligence across the entire gas marketplace.

What is Platts index?

Platts Iron Ore Index, or IODEX (IODBZ00), is a benchmark assessment by S&P Global Commodity Insights of the spot price of physical iron ore. The assessment is based on a standard specification of iron ore fines with 62% iron, 2.25% alumina, 4% silica and 0.09% phosphorus, among other gangue elements.

What was the highest price of gas in 2014?

approximately $3.70 per gallon
Andrew Gross, a spokesperson for AAA, also said the current average gas price is the highest it’s been since July 25, 2014, when it reached $3.54 per gallon. The highest price that AAA recorded in 2014 was approximately $3.70 per gallon on April 28.

Which gas company sells the best gas?

By far, Chevron has the best quality gas in the United States. Their Techron blend of additives has been found to reduce carbon deposits and keep your engine running clean for thousands of miles.

Why is my gas bill so high Chicago?

Driven by supply chain disruptions and increased demand, the price of natural gas is projected to nearly triple this winter, hitting a 13-year high and adding hundreds of dollars to heating bills for Chicago-area customers.

What is gas index price?

Gas Price Index means the midpoint price reported each day for the applicable index. Sample 1Sample 2. Gas Price Index means the monthly index for said month published in the Platts Gas Daily Price Guide.

Is there a natural gas index?

The S&P GSCI Natural Gas Index provides investors with a reliable and publicly available benchmark for investment performance in the natural gas market.

What is Platts price?

Platts means a price benchmark service for the oil industry. Platts pricing plus a premium or minus a discount is the preferred pricing mechanism on this requirement.

What is Platts market data?

The Platts Market Data – Oil dataset provides access to market data and oil price assessments for global the crude oil and refined oil industry.

Why did gas go up in 2014?

The highest price that AAA recorded in 2014 was approximately $3.70 per gallon on April 28. But why are gas prices so high right now? Multiple factors are contributing to the increase, including conflict between Russia and Ukraine and the demand for oil products. AAA said on Feb.

Why did NIPSCO’s natural gas price fall?

Cash price for Natural Gas Pipeline Nipsco decreased 4.5 cents on the day to $2.585/MMBtu as the location felt some downward pressure from increased supply. Upper Midwest production is up to 1.94 Bcf/d over the last 30 days and has consistently hit the 2 Bcf/d mark over the past 10 days, according to S&P Global Platts Analytics.

Why did Upper Midwest natural gas prices fall Tuesday?

Upper Midwest natural gas prices were down on the day Tuesday as increased production added a bearish sentiment. Cash price for Natural Gas Pipeline Nipsco decreased 4.5 cents on the day to $2.585/MMBtu as the location felt some downward pressure from increased supply.

What are the GIA daily natural gas indices based on?

assessment rationale:The GIA daily natural gas indices comprise 20 locations across 4 regions in the US and Canada and are based upon trade data reported to Platts by market participants and the Intercontinental Exchange.

Can we predict the direction of natural gas prices?

March fell 19.6 cents to… Attempting to predict the direction of natural gas prices is much like predicting the weather. A week out, the weather forecaster or gas price prognosticator might hit the number on the nose.