Jeremiah Shelor joined NGI in 2015 after covering business and politics for The Exponent Telegram in Clarksburg, WV. He holds a Master of Fine Arts in Literary Nonfiction from West Virginia University and a Bachelor of Arts in English from Virginia Tech.
Archive / Author
SubscribeJeremiah Shelor
Articles from Jeremiah Shelor
Colder Shift in Weather Data Snaps Losing Streak for Natural Gas Futures
After selling off throughout last week, natural gas futures bounced back Monday as weather models advertised colder temperatures arriving in late October. Although uncertainty remained over how long the chilly temperatures will stick around, the November Nymex gas futures contract jumped 6.6 cents to settle at $2.280/MMBtu. December climbed 4.1 cents to $2.498.
October 14, 2019
Natural Gas Futures Close to Even as Market Awaiting Further Signs of Cold
With the market still awaiting more clarity on the amount of cold arriving later this month, natural gas futures were trading close to even early Friday. The November Nymex contract was down 0.8 cents to $2.210/MMBtu just before 8:40 a.m. ET.
October 11, 2019
U.S. Rig Count Inches Higher After Multi-Week Drop-Off
Coming off a seven-week losing streak, the U.S. rig count stopped the bleeding — at least for now — during the week ended Friday (Oct. 11), adding one rig overall to climb to 856, according to data from Baker Hughes, a GE Company (BHGE).
October 11, 2019
One Natural Gas Rig Exits Patch as Oil Count Sees Small Gain
The U.S. natural gas rig count fell one unit to 143 for the week ended Friday (Oct. 11), while a small uptick in oil activity pushed the combined domestic count higher for the first time in nearly two months, according to data from Baker Hughes, a GE Company (BHGE).
October 11, 2019
Winter Bulls Push Natural Gas Futures Higher Further Along the Strip as Prompt Month Stalls
Friday’s natural gas futures trading suggested a market focused squarely on winter, with the front month easing lower despite healthy gains further along the strip. The November Nymex contract settled at $2.214/MMBtu, off 0.4 cents, while December and January each rallied 4.0 cents or more.
October 11, 2019
November Called Higher as Market Awaits EIA Natural Gas Storage Data
As traders prepared to turn their attention to the latest government storage data, potentially another plump weekly injection, natural gas futures were trading slightly higher early Thursday. The November Nymex contract was up 2.0 cents to $2.254/MMBtu shortly after 8:30 a.m. ET.
October 10, 2019
FERC Finalizes HDD Guidance for Natural Gas Projects
FERC’s Office of Energy Projects has finalized its guidance for horizontal directional drill (HDD) practices for natural gas projects after incorporating “substantive comments” in response to a draft version released last year.
October 10, 2019
Latest Guidance Mixed as November Natural Gas Called Lower
As traders contemplated disagreement between the major weather models in the latest forecasts, natural gas futures were trading slightly lower early Wednesday. The November Nymex contract was down 1.0 cent to $2.278/MMBtu at around 8:40 a.m. ET.
October 9, 2019
PG&E Shuts Off Power Due to Fire Risk; NatGas Demand Impacts Expected
Pacific Gas & Electric Co. (PG&E) early Wednesday began preemptively shutting off power to customers due to wildfire risk posed by severe winds in the region, an outage event expected to last days and dampen natural gas demand.
October 9, 2019
Colder Trends Not Enough for Natural Gas Futures Market as November Called Lower
Natural gas futures were trading slightly lower early Tuesday as the market shrugged off colder forecast trends overnight. The November Nymex contract was down 2.8 cents to $2.275/MMBtu shortly after 8:40 a.m. ET.
October 8, 2019