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
U.S. Adds One Natural Gas Rig as Oil Gains Drive Domestic Tally Higher
The United States added one natural gas rig for the week ended Friday as oil drilling accounted for the bulk of the week’s domestic gains, according to data from oilfield services giant Baker Hughes Inc. (BHI).
March 23, 2018
Supply ‘Overwhelming’ Natural Gas Market as Futures Continue Slide; Cash Mixed
Natural gas futures slid further Friday to cap a bearish week that saw production overshadow a supportive storage outlook as injection season looms. In the spot market, expectations for Lower 48 demand to decrease for the week ahead appeared to temper interest in three-day deals at most points, although colder temperatures in the East supported Mid-Atlantic prices; the NGI National Spot Gas Average retreated 8 cents to $2.40/MMBtu.
March 23, 2018
Natural Gas Futures Slide as Late Cold Proves No Match for Robust Production
Natural gas futures slid further Friday to cap a bearish week that saw production overshadow a supportive storage outlook as injection season looms. In the spot market, expectations for Lower 48 demand to decrease for the week ahead appeared to temper interest in three-day deals at most points, although colder temperatures in the East supported Mid-Atlantic prices; the NGI National Spot Gas Average retreated 8 cents to $2.40/MMBtu.
March 23, 2018
Production, Spring Weather Loom Large in Bearish Week for Natural Gas Prices
With April just around the corner, some lingering winter weather in the East was never likely to sustain natural gas spot prices for long. Strong production and softening demand saw spot prices — and futures — trend lower for the week ended Friday; the NGI Weekly Spot Gas Average fell 15 cents to $2.53/MMBtu.
March 23, 2018
Weather Outlook Still Mixed; April Natural Gas Near Even
April natural gas was set to open near even Friday at $2.673, with overnight weather data not offering enough to change the market’s mind after Thursday’s sell-off following a bearish Energy Information Administration (EIA) storage report miss.
March 16, 2018
Williston Adds Three Rigs as BHI U.S. Count Pushes Higher
The United States added six rigs during the week ended Friday, helped by strong growth in North Dakota’s Williston Basin, according to data from Baker Hughes Inc. (BHI).
March 16, 2018
U.S. Adds One NatGas Rig as BHI Tally Rises on Oil
The United States added one natural gas rig during a week of oil-driven gains, according to data released Friday from Baker Hughes Inc. (BHI).
March 16, 2018
Natural Gas Futures Trade in Tight Range as Forecast Mixed
Natural gas futures inched higher Friday after selling off by more than a dime over the previous two sessions, as a mixed late-winter outlook failed to spark any upward momentum. In the spot market, weekend deals traded lower across most regions amid declining Lower 48 demand, although a few points in New England and California bucked the trend; the NGI National Spot Gas Average declined a nickel to $2.65/MMBtu.
March 16, 2018
Another Nor’Easter Lifts Weekly Natural Gas Prices; Futures Struggle for Upward Momentum
Yet another March nor’easter delivered a late-winter boost to spot prices throughout the Northeast and Mid-Atlantic for the week ended Friday, though results were mixed across other regions. The NGI Weekly Spot Gas Average added 12 cents to $2.68/MMBtu.
March 16, 2018
Mixed Forecast Sees NatGas Futures Trade in Tight Range; SoCal Citygate Gains
Natural gas futures inched higher Friday after selling off by more than a dime over the previous two sessions, as a mixed late-winter outlook failed to spark any upward momentum. In the spot market, weekend deals traded lower across most regions amid declining Lower 48 demand, although a few points in New England and California bucked the trend; the NGI National Spot Gas Average declined a nickel to $2.65/MMBtu.
March 16, 2018