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
Big Move Higher for NatGas Futures as Forecasts Show Record-Level July Heat
After rallying 12.8 cents Friday on significantly hotter forecast trends, natural gas futures were hanging on to those gains early Monday as weekend weather data pointed to potentially record-setting July heat. The August Nymex futures contract was trading 0.4 cents higher at $2.422/MMBtu shortly after 8:30 a.m. ET.
July 8, 2019
‘Exceptionally Hot’ Forecast, Strong Production See Natural Gas Futures Test Both Sides of Even
With robust production numbers helping to curb traders’ enthusiasm for a much hotter July outlook, natural gas futures eased lower Monday.
July 8, 2019
Natural Gas Futures Slip as Surging Production Battles Bullish Weather Trends
With robust production numbers helping to curb traders’ enthusiasm for a much hotter July outlook, natural gas futures eased lower Monday.
July 8, 2019
Natural Gas Futures Called Higher as Traders Await EIA Data Release
By the dawn’s early light, natural gas futures were trading higher Wednesday as traders awaited the latest round of government storage data to get a better read on balances heading into the Independence Day holiday. The August Nymex futures contract was trading 2.9 cents higher at $2.269/MMBtu shortly after 8:30 a.m. ET.
July 3, 2019
‘Fairly Neutral’ EIA Injection Keeps Natural Gas Futures Steady
The Energy Information Administration (EIA) on Wednesday reported an 89 Bcf weekly injection into U.S. natural gas stocks, slightly higher than consensus, and the futures market mostly took the news in stride.
July 3, 2019
Natural Gas Futures Traders Not Sweating EIA Build; East Coast Cash Slides
After ending the previous few sessions in the red, natural gas futures rebounded Wednesday, with hotter forecaster trends helping the market to shrug off a somewhat bearish inventory report.
July 3, 2019
Weekly Natural Gas Spot Price Action a Dud as Holiday Seen Impacting Demand
Despite a hot and humid forecast, the potential demand impacts from the Fourth of July break appeared to keep natural gas spot prices in check during the holiday-shortened trading week ended July 3, reflecting gas delivered from July 2-8; the NGI Weekly Spot Gas National Avg. skidded 5.5 cents to $1.880/MMBtu.
July 3, 2019
Slightly Bearish EIA Build No Sweat for Natural Gas Futures Traders Eyeing Summer Heat
After ending the previous few sessions in the red, natural gas futures rebounded Wednesday, with hotter forecaster trends helping the market to shrug off a somewhat bearish inventory report.
July 3, 2019
Natural Gas Futures Called Slightly Higher; Guidance Cooler Overall
With the market left to mull the potential impact of cooler long-range forecast trends and near-term heat, natural gas futures were trading slightly higher early Tuesday. The August Nymex futures contract was trading 2.4 cents higher at $2.291/MMBtu soon after 8:30 a.m. ET.
July 2, 2019
Natural Gas Futures Fall as Heat Not Enough to Fend Off Bears
Natural gas futures sold off Monday as forecasts showed near-term heat easing off by next week. Meanwhile, with some of the hottest conditions of the summer to date expected this week, but with the associated demand potentially tempered by the upcoming Fourth of July holiday in the United States, spot prices mostly skidded lower; the NGI Spot Gas National Avg. dropped 1.5 cents to $1.930/MMBtu.
July 2, 2019