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
Guidance Seen Mixed as February Natural Gas Called Slightly Lower
With weather models diverging overnight on the amount of cold that could arrive later this month, February natural gas futures were trading close to even shortly before 9 a.m. ET Wednesday, down 1.2 cents to $2.955/MMBtu.
ACP Secures Last State-Level Permit in Virginia as Compressor OK’d
Virginia’s State Air Pollution Control Board on Tuesday unanimously approved a permit for Atlantic Coast Pipeline LLC’s (ACP) proposed Buckingham Compressor Station, a favorable decision for a project that found itself mired in legal and regulatory setbacks in 2018.
Natural Gas Futures Range-Bound as Models Advertise Different Timing for January Temps
Varying outcomes from weather models for the final third of January accompanied a day of range-bound trading for natural gas futures Wednesday. Physical prices strengthened across the East Coast with wintry conditions moving in this week following recent mild temperatures; the NGI Spot Gas National Avg. added 30.0 cents to $3.155/MMBtu.
Models Differ on Timing of January Cold as Natural Gas Futures Range-Bound
Varying outcomes from weather models for the final third of January accompanied a day of range-bound trading for natural gas futures Wednesday. Physical prices strengthened across the East Coast with wintry conditions moving in this week following recent mild temperatures; the NGI Spot Gas National Avg. added 30.0 cents to $3.155/MMBtu.
Natural Gas Futures Inch Higher Amid Hints of Colder East Later This Month
Forecasts advertising a potential shift to chillier conditions in the East later this month helped boost natural gas futures Tuesday, though prices ultimately finished well off the session’s highs. In the spot market, expectations for cooler temperatures in the Midwest and East later this week coincided with double-digit gains across the eastern two-thirds of the Lower 48; the NGI Spot Gas National Avg. climbed 19.0 cents to $2.855/MMBtu.
Potential for Arctic Air Over East Teases Natural Gas Futures as Cash Strengthens on Near-Term Cold
Forecasts advertising a potential shift to chillier conditions in the East later this month helped boost natural gas futures Tuesday, though prices ultimately finished well off the session’s highs. In the spot market, expectations for cooler temperatures in the Midwest and East later this week coincided with double-digit gains across the eastern two-thirds of the Lower 48; the NGI Spot Gas National Avg. climbed 19.0 cents to $2.855/MMBtu.
Models Seen Hinting at Return of January Cold as February Natural Gas Called Higher
February natural gas futures were trading 4.6 cents higher at $2.990/MMBtu shortly before 9 a.m. ET Tuesday as forecasters pointed to further signs overnight of cold weather returning later this month.
Bulls Left Waiting for Signs of Sustained Cold as Natural Gas Futures Slide
A natural gas futures market left waiting for convincing signs of a return to more impressive winter heating demand sold off Monday. In the spot market, recent weakness continued as forecasters noted comfortable conditions for much of the Lower 48 to start the work week; the NGI Spot Gas National Avg. slid 3.5 cents to $2.665/MMBtu.
Colder Forecast Trends Not Convincing as Natural Gas Futures Drop
A natural gas futures market left waiting for convincing signs of a return to more impressive winter heating demand sold off Monday. In the spot market, recent weakness continued as forecasters noted comfortable conditions for much of the Lower 48 to start the work week; the NGI Spot Gas National Avg. slid 3.5 cents to $2.665/MMBtu.
Potential January Cold Helps Natural Gas Futures Shake Off Bearish EIA Storage Report
The natural gas futures market managed to shake off a particularly bearish government storage report Friday as forecasts for a potential shift to colder temperatures later this month seemed to inspire some buying after recent declines.