Natural Gas Trading: HDD Weather Map

Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight Cumulative HDDs by City

Calgary 30 Day Intervals 215 591 184 Salem Boston 83 63 228 289 86 Chicago 69 Denver 49 311 120 NYC Oklahoma 29 Pittsburgh 442 9 Sacramento City 29 48 - 180 - 144 68 22 115 21 0 5 Los Angeles 34 Dallas Atlanta 111 - - 31 19 5 - - New Houston Orleans Miami Last 30D - - - - - Lst yr 30D - - - 5 Yr 30 D Avg -

Source: Bloomberg Weather Data Updated Jul-2019 2181 Natural Gas Trading: CDD Weather Map

Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight Cumulative CDDs by City

Calgary 30 Day Intervals 5 - 19 Boston Salem 66 51 14 8 103 71 Chicago Denver 76 NYC 33 18 168 Oklahoma 4 163 Pittsburgh 39 Sacramento City 134 95 198 267 258 99 47 8 172 256 358 Los Atlanta Dallas Angeles 336 408 14 268 258 365 - 498 31 Houston New Miami 511 Orleans Last 30D 550 363 557 Lst yr 30D 497 394 474 529 5 Yr 30 D Avg 508

Source: Bloomberg Weather Data Updated Jul-2019 2181 Natural Gas Trading: Price Map

Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight Day Ahead Natural Gas Prices 30 Day Average ($/MMBtu) Algonquin Citygate AECO $0.83 $2.59 -37% -49% NW Chicago Stanfield Citygate $1.97 $2.45 CIG -11% 1% $1.78 NGPL -8% Midcont Columbia Transco TCO Pool Z6-NY PG&E $1.88 $2.37 Citygate $2.35 El Paso -15% -15% $3.20 Permian -5% 19% $0.22 -87% SoCal Border FGT-Z3 $1.72 $2.56 -18% -6% HSC Henry Pricing Point Hub BOLD –30 Day Avg Price $2.55 Green – % increase from $2.59 previous year -10% Red – % decrease from -6% previous year

Source: Bloomberg Platts Data Updated Jul-2019 2181 Natural Gas Trading: Gas, Oil and Coal

Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight

Natural Gas, Coal and Oil Prices (Converted) Nymex Henry Hub Big Sandy Barge (Low Sulfur Coal) $14 WTI Crude Oil $12

$10

$8

$6

$4 Fuel Fuel ($/MMBtu)Price

$2

$0

Source: Derived from Bloomberg data Updated Jul-2019 Natural Gas Trading: Nymex Futures Curves

Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight

Nymex Futures Curves $3.30

$3.10

$2.90

$2.70

$2.50 Nymex Futures ($/MMBtu) Curves Nymex $2.30

$2.10 Aug-19 Feb-20 Aug-20 Feb-21 6/27/2018 5-30-2019 1-27-2019 6-27-2019

Source: Derived from Bloomberg data Updated Jul-2019 Natural Gas Trading : Oil Curves

Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight

Brent vs WTI $100 $90 $80 $70 $60 $50 $40

Oil Prices ($/Barrel) $30 $20 $10 WTI Oil Price Brent Crude Oil Price $0

Source: Derived from Bloomberg data Updated Jul-2019 Natural Gas Trading: Nymex Futures Curve Settlement

Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight

Nymex Settlement $2.66

$2.65

$2.64

$2.63

$2.62

$2.61 Price ($/MMBtu) Price $2.60 June 2019 Nymex Contract Price June 2019 ICE Contract Price $2.59 Settlement Period Platts June Bidweek Price Nymex Settled Price $2.58

Trade Time for April 26 2019

Source: Derived from Bloomberg data Updated Jul-2019 Natural Gas Trading: NGLs

Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight

Natural Gas Liquids (NGLs) Prices

$18 Henry Hub Natural Gas Ethane Propane Butane/Iso-Butane Natural Gasoline $16

$14

$12

$10

$8 $/MMBtu

$6

$4

$2

$0

Updated Jul-2019