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
Pullback for Permian, Eagle Ford Leads U.S. Rig Count Lower
Driven by sharp declines in the Permian Basin and Eagle Ford Shale, the U.S. rig count fell five units to 958 for the week ended July 12, according to the latest numbers from Baker Hughes, a GE Company (BHGE).
July 12, 2019
Two Rigs Exit U.S. Natural Gas Patch; Oil Count Slides, Too
The U.S. natural gas rig count fell two units to 172 for the week ended July 12 as drilling activity in Texas saw a notable slowdown during the period, according to data from Baker Hughes, a GE Company (BHGE).
July 12, 2019
Barry Production Shut-Ins Exceeding LNG Disruptions as Natural Gas Futures Rally
Faced with myriad uncertainties surrounding Tropical Storm Barry’s eventual supply and demand impacts as it approached the Gulf Coast Friday, but with a substantial chunk of production already shut in, natural gas futures traders bid up prices heading into the weekend.
July 12, 2019
Natural Gas Futures Rally as Barry Impacting Production, Demand
Faced with myriad uncertainties surrounding Tropical Storm Barry’s eventual supply and demand impacts as it approached the Gulf Coast Friday, but with a substantial chunk of production already shut in, natural gas futures traders bid up prices heading into the weekend.
July 12, 2019
Coast-to-Coast Gains for Weekly Natural Gas Spot Prices as Forecast Turns Notably Hotter
With the temperature outlook for July shifting significantly hotter compared to the previous week, natural gas spot prices strengthened throughout the Lower 48 during the period ended July 12; the NGI Weekly Spot Gas National Avg. rallied 32.0 cents to $2.200/MMBtu.
July 12, 2019
Barry Keeping Traders on Notice; Natural Gas Futures Called Higher
A disruptive storm building strength over the Gulf of Mexico (GOM) and upcoming government storage data gave natural gas futures traders plenty to ponder heading into Thursday’s regular trading hours. The August Nymex futures contract was up 2.6 cents to $2.470/MMBtu shortly after 8:30 a.m. ET.
July 11, 2019
Market Eyes Storm Over GOM as NatGas Cash, Futures Gain
The natural gas futures market spent Wednesday’s session in a bit of a holding pattern as traders tried to read the tea leaves on the potential impacts of both a developing tropical weather system and this week’s round of inventory data.
July 11, 2019
NatGas Futures Market Shrugs Off Bearish Storage Miss; Analysts Cite Holiday Impacts
The Energy Information Administration (EIA) on Thursday reported an 81 Bcf weekly injection into U.S. natural gas stocks that was on the higher side of estimates, but the futures market took the news in stride.
July 11, 2019
NatGas Futures Retreat on Potential Barry Demand Destruction, ‘Unimpressive’ EIA Data
Potential demand destruction from a tropical storm in the Gulf of Mexico (GOM) and a larger-than-expected weekly inventory build helped to pressure natural gas futures lower Thursday.
July 11, 2019
Barry Demand Destruction, EIA Data ‘Bearish Hurdles’ as NatGas Futures Slide
Potential demand destruction from a tropical storm in the Gulf of Mexico (GOM) and a larger-than-expected weekly inventory build helped to pressure natural gas futures lower Thursday.
July 11, 2019