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.
Archive / Author
SubscribeJeremiah Shelor
Articles from Jeremiah Shelor
EIA Natural Gas Storage Figure Tighter Than Expected, Futures Near Even
The Energy Information Administration (EIA) on Thursday reported a natural gas storage withdrawal that was slightly tighter than market expectations. Futures traded on both sides of even following the news.
February 22, 2018
Rover Phase 2 Ramping Up in Increments, Full Service Delayed to 2Q2018
Full service on the Rover Pipeline will slip to the second quarter of this year, although the project is to ramp up in increments over the next few months, management for sponsor Energy Transfer Partners LP (ETP) said Thursday.
February 22, 2018
Natural Gas Futures Sell Off Despite Supportive Storage; SoCal Moderates
Natural gas futures moved lower Thursday as supportive government storage data couldn’t inspire a rally even with indicators pointing to oversold conditions. In the spot market, SoCal Citygate moderated after spiking earlier in the week, leading broad declines across most of the country; the NGINational Spot Gas Average fell 24 cents to $2.56/MMBtu.
February 22, 2018
Supportive Storage Miss Can’t Boost Natural Gas Futures; SoCal Moderates
— EIA reports -124 Bcf for week ending Feb. 16, tighter vs. market expectations ~120 Bcf
February 22, 2018
Colder March Temps Still in Focus; Natural Gas Futures Called Higher
March natural gas was set to open Wednesday about 2 cents higher at around $2.640 after some volatile overnight action as the market continues to watch a cold pattern setting up for early next month.
February 21, 2018
Rover Cleared to Start Up Second Mainline Compressor, Grow Capacity to 2 Bcf/d
FERC on Wednesday authorized Rover Pipeline LLC to bring its Mainline Compressor Station 2 in Ohio into service, raising total project capacity to just over 2 Bcf/d as the designed 3.25 Bcf/d interstate pipeline readies for full service later this year.
February 21, 2018
Natural Gas Futures Bounce Amid Lean Storage, Colder Forecasts; SoCal Blowout Continues
Natural gas futures gained for a second straight trading day Wednesday as forecasters continued calling for cold to spread into the East in early March. In the spot market, SoCal Citygate’s basis blowout stretched into a second day as other western points moderated from Tuesday’s gains; the NGINational Spot Gas Average added 2 cents to $2.80/MMBtu.
February 21, 2018
SoCal Blowout Continues as Natural Gas Futures Bounce on Colder Outlook, Lean Storage
Natural gas futures gained for a second straight trading day Wednesday as forecasters continued calling for cold to spread into the East in early March. In the spot market, SoCal Citygate’s basis blowout stretched into a second day as other western points moderated from Tuesday’s gains; the NGI National Spot Gas Average added 2 cents to $2.80/MMBtu.
February 21, 2018
SoCal Citygate Natural Gas Spot Prices Reach $25, Four-Year High: Midday Alert
Natural gas spot prices at SoCal Citygate were trading as high as $25/MMBtu Tuesday, potentially setting a four-year high as colder temperatures drove up demand on utility Southern California Gas Co.’s (SoCalGas) imported-constrained system.
February 20, 2018
SoCal Citygate Leads Natural Gas Spot Surge in West; Futures Climb on Colder March Outlook
Colder-than-normal temperatures drove big natural gas spot price gains in the West on Tuesday, including a four-year high at SoCal Citygate. Gains across California and the Rockies offset declines in the warm Northeast to lift the NGI National Spot Gas Average 37 cents to $2.78/MMBtu.
February 20, 2018