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
Weak Global LNG Prices Nearing ‘Inflection Point,’ Says Tellurian’s Gentle
As Tellurian Inc. looks to spend the rest of 2019 completing agreements to move forward with its proposed Driftwood liquefied natural gas (LNG) export project in Louisiana, management sees global prices reaching an “inflection point” either this winter or in 2020.
August 12, 2019
Cooler Overnight Trends Pressure Natural Gas Futures Lower; Balances Still Loose
With a somewhat cooler outlook from the overnight forecasts, and with the market continuing to mull Thursday’s government inventory data, natural gas futures were trading several cents lower early Friday. The September Nymex futures contract was off 5.1 cents to $2.077/MMBtu shortly after 8:30 a.m. ET.
August 9, 2019
‘No Timelines’ for Restarting Natural Gas Pipelines Near Tetco Blast in Kentucky
As officials continue investigating the cause of a fatal explosion earlier this month on the Texas Eastern Transmission (Tetco) system in Kentucky, parent company Enbridge Inc. must keep all three pipelines at the site of the incident shut down until further notice, regulators said Thursday.
August 9, 2019
Midcontinent Activity Slows as Lower 48 Rig Count Continues to Fall
Another pullback in oil drilling saw the U.S. rig count fall eight units to 934 for the week ended Friday (Aug. 9), according to the latest data from Baker Hughes, a GE Company (BHGE).
August 9, 2019
Following Kentucky Blast, Tetco Pipes Offline Indefinitely; ‘Rigorous Inspections’ Planned
As officials continue investigating the cause of a fatal explosion earlier this month on the Texas Eastern Transmission (Tetco) system in Kentucky, parent company Enbridge Inc. must keep all three pipelines at the site of the incident shut down until further notice, regulators said Thursday.
August 9, 2019
Two Natural Gas Rigs Exit the Patch as Slowdown in U.S. Onshore Continues
The U.S. natural gas rig count fell two units to 169 for the week ended Friday (Aug. 9), another week that saw overall domestic drilling activity contract, according to the latest data from Baker Hughes, a GE Company (BHGE).
August 9, 2019
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