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Jeremiah Shelor

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.

Biden Taps D.C. PSC Chairman Willie L. Phillips to Join FERC

Biden Taps D.C. PSC Chairman Willie L. Phillips to Join FERC

Willie L. Phillips, Chairman of the Public Service Commission of the District of Columbia (DCPSC), has been nominated as the next commissioner of FERC, the White House announced Thursday. Phillips, a lawyer and regulator whose resume includes nearly 20 years of experience in issues of public utility regulation, bulk power system reliability and corporate governance,…

September 9, 2021
Spire Rehearing Request Rebuffed by DC Circuit as Pipeline Awaits FERC Action

Spire Rehearing Request Rebuffed by DC Circuit as Pipeline Awaits FERC Action

The U.S. Court of Appeals for the District of Columbia (DC) Circuit on Tuesday rebuffed a request filed by Spire STL Pipeline LLC to reconsider an earlier decision that vacated the Midwest natural gas conduit’s FERC certificate. The circuit court denied a petition for panel rehearing filed by Spire and its affiliate Spire Missouri Inc.,…

September 9, 2021
Natural Gas Futures Called Slightly Higher as Ida Creating ‘Uncertainty’ for Storage Print

Natural Gas Futures Called Slightly Higher as Ida Creating ‘Uncertainty’ for Storage Print

Natural gas futures hovered close to even early Thursday as traders and analysts awaited the latest government inventory data in hopes of shedding more light on Hurricane Ida’s impacts on supply and demand. Adding to an impressive 34.6-cent rally in the previous session, the October Nymex contract was up 1.4 cents to $4.928/MMBtu at around…

September 9, 2021
EIA Now Predicting $4 Handle for Henry Hub Natural Gas in 4Q2021

EIA Now Predicting $4 Handle for Henry Hub Natural Gas in 4Q2021

Coming off a strong run to close out the summer cooling season, Henry Hub natural gas spot prices would likely go on to average $4/MMBtu during the fourth quarter, the Energy Information Administration said in updated projections released Wednesday. The $4.00 forecast for 4Q2021 prices, published in the agency’s latest Short-Term Energy Outlook, comes as…

September 8, 2021
Natural Gas Futures Fall Post-Labor Day but Cash Spikes in Northeast, SoCal

Natural Gas Futures Fall Post-Labor Day but Cash Spikes in Northeast, SoCal

Natural gas futures stumbled in post-Labor Day trading as the market proved unable to sustain recent highs even as Gulf of Mexico (GOM) production outages lingered. Forecasts for balmy mid-September temperatures did little to incentivize buying interest, and the October Nymex contract fell 14.4 cents to settle at $4.568/MMBtu. At A Glance: Production slowly on…

September 8, 2021
Production Declines Beyond Ida Shut-Ins Help Lift Natural Gas Futures Early

Production Declines Beyond Ida Shut-Ins Help Lift Natural Gas Futures Early

An observed drop in Lower 48 production and strength in global prices helped natural gas futures rebound in early trading Wednesday. After slipping 14.4 cents in the previous session, the October Nymex contract had recovered 7.9 cents to trade at $4.647/MMBtu as of around 8:50 a.m. ET. The American and European weather models saw “minor”…

September 8, 2021
Natural Gas Futures Stumble Post-Holiday; Cash Spikes in Northeast, SoCal

Natural Gas Futures Stumble Post-Holiday; Cash Spikes in Northeast, SoCal

Natural gas futures stumbled in post-Labor Day trading as the market proved unable to sustain recent highs even as Gulf of Mexico (GOM) production outages lingered. Forecasts for balmy mid-September temperatures did little to incentivize buying interest, and the October Nymex contract fell 14.4 cents to settle at $4.568/MMBtu. In the physical market, huge gains…

September 7, 2021
Ida’s Impacts Lingering as Natural Gas Futures Pare Gains Early

Ida’s Impacts Lingering as Natural Gas Futures Pare Gains Early

After surging higher last week, natural gas futures pulled back in early trading Tuesday as analysts continued to mull ongoing impacts to both demand and supply from Hurricane Ida. The October Nymex contract was down 6.7 cents to $4.645/MMBtu as of 8:45 a.m. ET. Looking at the latest supply and demand data points early Tuesday,…

September 7, 2021
Five U.S. Natural Gas Rigs Added; GOM Count Flatlines in Ida’s Wake

Five U.S. Natural Gas Rigs Added; GOM Count Flatlines in Ida’s Wake

The U.S. natural gas rig count rose five units to 102 during the week ended Friday (Sept. 3), while Hurricane Ida dropped the drilling tally in the Gulf of Mexico (GOM) to zero, according to the latest figures from Baker Hughes Co. (BKR). The overall U.S. rig count plummeted 11 units to 497 for the…

September 3, 2021
U.S. Rig Count Plummets as GOM Falls to Zero Amid Ida Fallout, BKR Says

U.S. Rig Count Plummets as GOM Falls to Zero Amid Ida Fallout, BKR Says

A major hurricane and a corresponding dramatic pullback in offshore drilling numbers saw the overall U.S. rig count plummet 11 units to 497 for the week ended Friday (Sept. 3), according to the latest figures published by Baker Hughes Co. (BKR). Net changes in the United States included a 16-rig decrease in oil-directed drilling and…

September 3, 2021