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
Natural Gas Futures Fall as Gulf Coast Storm Seen Easing Demand
Possible demand destruction from a storm along the Gulf Coast and surging Lower 48 production helped drive heavy selling for natural gas futures over the holiday weekend and into Tuesday’s session. Spot prices were mixed as East Coast locations continued to climb on strong September heat; the NGI National Spot Gas Average picked up 13 cents to $2.81/MMBtu.
Forecasts Warmer Overnight as October Natural Gas Called Higher
October natural gas futures were trading about 3.8 cents higher early Friday morning at around $2.912, with guidance further warming overnight and the market still processing the implications of an inventory build that surprised to the high side.
Bouncing Back, BHGE U.S. Rig Count Climbs by Four
Drilling activity in the United States rebounded on Friday modestly from a steep drop one week earlier, picking up four rigs to finish at 1,048, according to data from Baker Hughes, a GE Company (BHGE).
U.S. Adds Two Natural Gas Rigs as BHGE’s Count Rebounds
The United States added two natural gas rigs for the week ended Friday as the overall domestic drilling count rebounded modestly from a steep drop one week earlier, according to data from Baker Hughes, a GE Company (BHGE).
October Natural Gas Called Higher as Heat Lingers; Storage in Spotlight
October natural gas futures were set to open Thursday about 1.2 cents higher at around $2.875/MMBtu, bolstered by warmer overnight weather trends as the market looks ahead to the release of today’s government storage report.
MVP Gets Another Win as Fourth Circuit Lifts Stay of Water Permit; Obstacles Still Ahead
The U.S. Court of Appeals for the Fourth Circuit on Wednesday lifted a stay of Mountain Valley Pipeline LLC’s (MVP) water crossing permit in West Virginia, providing further good news for sponsors recently beset by unfavorable decisions handed down by the court.
End of Summer in Sight as September Natural Gas Called Higher Ahead of Expiry
The expiring September natural gas futures contract was set to open Wednesday about 2.0 cents higher at around $2.872/MMBtu as forecasts overnight continued to show cooling demand tapering off by the end of next week. The October contract was trading about 1.7 cents higher at around $2.862.
Fourth Circuit Blocks Enviros, Denies Stay of Atlantic Coast Water Crossing Permit
A federal appeals court has shut down an effort by environmental groups to stall Atlantic Coast Pipeline LLC’s (ACP) construction plans over a condition in its West Virginia water crossing permit, a tactic that had more success against the Mountain Valley Pipeline (MVP).
FERC Ends Stop Work Order, Says MVP Can Resume Construction on Most of Route
FERC has authorized Mountain Valley Pipeline LLC to resume construction on roughly 200 miles of its 303-mile route, largely freeing the 2 Bcf/d Appalachian takeaway project from the regulatory limbo of a stop work order issued roughly three weeks ago.
Atlantic Coast Water Crossing Permit Holds Up as Court Denies Enviro Challenge
A federal appeals court has shut down an effort by environmental groups to stall Atlantic Coast Pipeline LLC’s (ACP) construction plans over a condition in its West Virginia water crossing permit, a tactic that had more success against the Mountain Valley Pipeline (MVP).