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.
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Articles from Jeremiah Shelor
Long-Range Heat Lifts Natural Gas Futures as Market Awaits Latest from EIA
Supportive heat near the back-end of the 15-day outlook helped lift natural gas futures several cents higher in early Thursday trading as the market prepared to turn its attention to the latest government storage numbers. The September Nymex futures contract was up 4.1 cents to $2.124/MMBtu shortly after 8:30 a.m. ET.
August 8, 2019
Cheniere Ops Overcoming ‘Relative Softness’ in Global LNG Market, CEO Says
Cheniere Energy Inc. is weathering near-term softness in global liquefied natural gas (LNG) markets through the strength of its operational performance, management said Thursday, with the exporter continuing to grow cargoes and revenues during the second quarter.
August 8, 2019
Warmer Forecast, Strong Power Burns Supporting Natural Gas Futures Early
With some warmer trends in the latest forecasts and signs of strong power burns amid recent low prices, natural gas futures were trading slightly higher early Wednesday. The September Nymex futures contract was up 2.0 cents to $2.131/MMBtu shortly after 8:30 a.m. ET.
August 7, 2019
With Need for Imported Steel, Plains Moving Forward with Surcharge Due to U.S. Tariffs
Faced with higher costs because of U.S. tariffs on imported steel needed for its pipeline buildout, Plains All American LP is moving forward with a surcharge to make up the difference as it seeks an exemption from the Department of Commerce, according to management.
August 7, 2019
Production Dip Day/Day, Warmer Long-Range Trends Lift Natural Gas Futures Early
Supported by a day/day drop in production following new all-time highs to open the week, natural gas futures were trading several cents higher early Tuesday. At around 8:30 a.m. ET, the September Nymex contract was up 3.6 cents to $2.106/MMBtu.
August 6, 2019
Enbridge Expects Ramp Up in NatGas Pipe Integrity Costs; ‘Hearts Go Out’ to Victims of KY Blast
Enbridge Inc., which has experienced two high-profile disruptions on its Texas Eastern Transmission (Tetco) system this year, including last week’s deadly explosion in Kentucky, said it expects higher “integrity expenditures” for its gas transmission business to continue through the end of the year.
August 6, 2019
Large Drop-Off in LNG Demand Sinks Natural Gas Futures Early
Natural gas futures were trading sharply lower early Monday as analysts were monitoring a significant drop-off in liquefied natural gas (LNG) feed gas demand. The September Nymex futures contract was down 7.0 cents to $2.051/MMBtu shortly after 8:30 a.m. ET.
August 5, 2019
Mid-Week Natural Gas Futures Rally Short-Lived as Prices Tumble
After rallying briefly earlier in the week, natural gas futures came crashing back down Friday, selling off sharply amid moderate forecasts and signs of ample supply. Spot prices mirrored the downward move in the futures market, with double-digit discounts across most of the Lower 48; the NGI Spot Gas National Avg. tumbled 19.0 cents to $1.840/MMBtu.
August 5, 2019
U.S. Adds Two Natural Gas Rigs; Oil Count Slides
The U.S. natural gas rig count increased by two units to reach 171 for the period ended Aug. 2, partially offsetting another down week in the oil patch, according to data from Baker Hughes, GE Company (BHGE).
August 2, 2019
Loose Balances, Cooler Weather See NatGas Futures Stumble to Close Out Volatile Week
After rallying briefly earlier in the week, natural gas futures came crashing back down Friday, selling off sharply amid moderate forecasts and signs of ample supply. Spot prices mirrored the downward move in the futures market, with double-digit discounts across most of the Lower 48; the NGI Spot Gas National Avg. tumbled 19.0 cents to $1.840/MMBtu.
August 2, 2019