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
Market Eyes Lean Storage as Natural Gas Futures Trade Near Even; Cash Down
Natural gas futures finished near-even Tuesday as a less-than-impressive weather outlook and lean inventories yielded more sideways price action. In the spot market, most regions fell, including more price weakness in West Texas; the NGI National Spot Gas Average shed 7 cents to $2.36/MMBtu.
February 27, 2018
Expiring March Called Higher as Forecasts Show Colder Transition Starting Next Week
March natural gas was set to open Monday about 3 cents higher at around $2.660 as forecasters continue to watch for colder temperatures arriving next week. April was set to open about 4 cents higher at around $2.699.
February 26, 2018
March Inches Higher Ahead of Expiry; Natural Gas Spot Market Mixed on Weak Demand
Natural gas prompt-month futures traded about a penny higher ahead of expiration Monday, with the market’s attention turning to injection season as weather models pointed to some lingering cold risks for March. In the spot market, changes were mixed against a backdrop of generally lackluster Lower 48 demand; declines in California and West Texas countered gains along the East Coast, and the NGI National Spot Gas Average added 3 cents to $2.43.
February 26, 2018
Natural Gas Spot Market Mixed on Weak Demand; March Gains Ahead of Expiration
Natural gas prompt-month futures traded about a penny higher ahead of expiration Monday, with the market’s attention turning to injection season as weather models pointed to some lingering cold risks for March. In the spot market, changes were mixed against a backdrop of generally lackluster Lower 48 demand; declines in California and West Texas countered gains along the East Coast, and the NGI National Spot Gas Average added 3 cents to $2.43.
February 26, 2018
Early March Cold Looking Less Impressive, Natural Gas Futures Called Lower
March natural gas was set to open Friday about 6 cents lower at around $2.574 as recent warmer changes to the temperature outlook for early next month carried through overnight.
February 23, 2018
Texas, Permian Lead Weekly Gains in BHI’s U.S. Rig Count
The United States added three rigs for the week ended Friday, including more gains in Texas and the Permian Basin, according to data from Baker Hughes Inc. (BHI).
February 23, 2018
U.S. Adds Two Natural Gas Rigs as BHI Domestic Count Moves Higher
The United States added two natural gas rigs for the week ended Friday, according to data from Baker Hughes Inc. (BHI), as domestic drilling activity continues ratcheting higher after big increases earlier in the year.
February 23, 2018
Natural Gas Futures Near Even After Steady Climb Friday; Spot Market Declines Widespread
Natural gas futures traded near even Friday thanks to an afternoon rally as prompt-month expiration loomed and weather models continued to advertise colder patterns developing in early March. Spot prices fell across the board amid expectations for weekend demand declines and warmth in the East; the NGI National Spot Gas Average shed 16 cents to $2.40/MMBtu.
February 23, 2018
Cold West, Warm East Shapes Weekly Natural Gas Spot Prices; Futures Bottoming
It was a tale of West versus East in the natural gas spot market for the week ended Friday. Weather maps seemed to split the Lower 48 down the middle, with colder than normal temperatures driving up prices across the Rockies and California as East Coast cities experienced unseasonable February warmth.
February 23, 2018
Natural Gas Futures Finding Bottom; Spot Market Down Heading into Weekend
Natural gas futures traded near even Friday thanks to an afternoon rally as prompt-month expiration loomed and weather models continued to advertise colder patterns developing in early March. Spot prices fell across the board amid expectations for weekend demand declines and warmth in the East; the NGI National Spot Gas Average shed 16 cents to $2.40/MMBtu.
February 23, 2018