Rocky Mountain Area Natural Gas Daily Price Review – August 2025

Brian Jeffries

The charts below depict the daily cash price for natural gas at Opal and at the Cheyenne Hub for each day in August 2025. Also shown are prices at key locations downstream from Wyoming to the West and to the Midcontinent region, and the price at Waha, TX, which represents the Permian Basin. The average daily spot price in southwest Wyoming at Opal and the average daily spot prices in southeast Wyoming and at the Cheyenne Hub were essentially the same. Canadian supplies from Alberta (through Kingsgate, ID—the purple line on the first chart) and from British Columbia (through Sumas, WA—the orange line on the first chart) remain low in comparison to prices in southwest Wyoming. The low prices for imported gas at Sumas continue to support southbound flow on Northwest Pipeline Company into the Opal area for further disposition.

The second chart includes lines for the difference between Opal (Rockies gas) and Sumas (British Columbia gas), between Opal and Kingsgate (Alberta gas), and between Opal and the Permian Basin. A negative value in the orange, purple, and dashed gray lines depicts the extent to which British Columbia gas, Alberta gas, and Permian gas, respectively, were cheaper than Rockies gas in the daily market during August 2025.