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
Storage, Heat Help August Natural Gas Futures Rally Ahead of Expiration; SoCal Drops
The front month natural gas futures contract rallied ahead of expiration Friday, with potential August heat and a tight storage picture offering support in a market still heavily weighed down by production. In the spot market, most regions posted discounts on three-day deals, including in the sweltering California and Desert Southwest; the NGI National Spot Gas Average dropped 21 cents to $2.70/MMBtu.
July 27, 2018
Lean EIA Storage Data Expected as August Natural Gas Called Higher
August natural gas futures were set to open Thursday about 0.7 cents higher at around $2.782/MMBtu, with the market turning its attention to upcoming weekly Energy Information Administration (EIA) storage data that could once again show a below-average injection.
July 26, 2018
Another Bullish Miss in EIA Storage Report Leads to Modest Rally
Another bullish miss on Thursday from the Energy Information Administration’s (EIA) weekly natural gas storage report failed to spark much of a rally as the market continues to count on production replenishing stockpiles once summer heat subsides.
July 26, 2018
Eyes on Production as Natural Gas Market Shrugs Off Bullish EIA Data
With bearish production pressuring prices, the natural gas futures market brushed aside another leaner-than-expected build from the Energy Information Administration (EIA) Thursday that showed deficits growing as August approaches. In the spot market, Southern California and Desert Southwest points continued to trade at elevated levels as conditions in the region remain hot; the NGI National Spot Gas Average finished even at $2.91/MMBtu.
July 26, 2018
Another Bullish EIA Report Not Enough for Natural Gas Market Focused on Production
With bearish production pressuring prices, the natural gas futures market brushed aside another leaner-than-expected build from the Energy Information Administration (EIA) Thursday that showed deficits growing as August approaches. In the spot market, Southern California and Desert Southwest points continued to trade at elevated levels as conditions in the region remain hot; the NGI National Spot Gas Average finished even at $2.91/MMBtu.
July 26, 2018
August Natural Gas Called Higher as Forecasts Steady, Production Retreats
The August natural gas futures contract was set to open Wednesday about 2.3 cents higher at around $2.755/MMBtu, building on the prior day’s modest gains as forecasters noted little change to the weather outlook overnight.
July 25, 2018
Rover Accuses Ohio EPA of ‘Cynically’ Attempting to Obstruct Project
Rover Pipeline LLC has accused the Ohio Environmental Protection Agency (Ohio EPA) of attempting to stall the nearly completed 713-mile, 3.25 Bcf/d project by issuing a notice of violation (NOV) for illegitimate reasons.
July 25, 2018
Ohio EPA’s NOV an ‘Improper Attempt to Attack’ Rover, Pipeline Says
Rover Pipeline LLC has accused the Ohio Environmental Protection Agency (Ohio EPA) of attempting to stall the nearly completed 713-mile, 3.25 Bcf/d project by issuing a notice of violation (NOV) for illegitimate reasons.
July 25, 2018
Another Lean Storage Report Expected as Natural Gas Futures Climb; SoCal Premiums Ease
Natural gas futures rallied Wednesday ahead of a government storage report expected to show deficits increase for the third straight week, while the potential return of heat to the East in August and a small dip in pipeline production estimates also offered support.
July 25, 2018
Natural Gas Futures Gain Ahead of EIA Report as Deficits Seen Growing; SoCal Moderates
Natural gas futures rallied Wednesday ahead of a government storage report expected to show deficits increase for the third straight week, while the potential return of heat to the East in August and a small dip in pipeline production estimates also offered support.
July 25, 2018