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
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
NatGas Futures, ‘Gyrating Like a Young Freddie Mercury,’ Called Sharply Lower
Coming off a wild day of ups and downs, and with the market still mulling the implications of a large weekly inventory build, natural gas futures were trading several cents lower early Thursday. The September Nymex futures contract was down 7.2 cents to $2.130/MMBtu shortly after 8:30 a.m. ET.
August 2, 2019
Natural Gas Futures Ride Rollercoaster, Finish Lower After Bearish EIA Number
A roller coaster day of trading saw U.S. natural gas futures careen lower Thursday after a larger-than-expected inventory build erased an initially bullish response to an explosion on the Texas Eastern Transmission (Tetco) system in Kentucky.
August 2, 2019
Slowdown in Oil Patch Drops U.S. Rig Count to 942
Driven by a slowdown in the oil patch, the U.S. rig count eased four units to 942 for the week ended Aug. 2, according to data released Friday by Baker Hughes, a GE Company (BHGE).
August 2, 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
Up-and-Down Week for Natural Gas Markets as Weekly Spot Prices Mixed
An up-and-down week in the futures market — including a high-profile pipeline explosion and a bearish storage report — coincided with a mix of spot price moves on natural gas traded for delivery Aug. 1-5; NGI’s Weekly Spot Gas National Avg. fell 9.0 cents to $1.955/MMBtu.
August 2, 2019