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
Weather Models Show Signs of Late February Cold in East; March Natural Gas Called Higher
March natural gas was set to open Tuesday about 7 cents higher at around $2.624 as weather models trended colder overnight in the outlook for late February.
Boardwalk CEO Sees Room For Two Permian-to-Gulf Coast NatGas Pipes
With the Gulf Coast Express project officially moving forward, Boardwalk Pipeline Partners LP continues to pursue additional plans to transport Permian Basin natural gas to the Gulf Coast, but a final investment decision (FID) has yet to be made, management said Monday.
Natural Gas Futures Rebound as Cold Risks Creep Back into Forecast; Spot Prices Mixed
After selling off heavily since the start of February, natural gas futures ticked higher Tuesday, supported by weather models hinting that more cold could push into the East later this month. Spot prices were mixed, with Northeast points falling on mild weather as SoCal Citygate spiked; the NGI National Spot Gas Average fell 4 cents to $2.50/MMBtu.
Warm Forecast Trend Continues; March Natural Gas Called a Nickel Lower
March natural gas was set to open Friday about 5 cents lower at around $2.645 as a market already disappointed in the outlook for February cold saw forecasts trend even warmer overnight.
U.S. Rig Count Surges on Oil Drilling Gains in Permian
The U.S. rig count added 29 units for the week ended Friday thanks to a surge in oil-directed drilling led by the Permian Basin, according to data from Baker Hughes Inc. (BHI).
Domestic Natural Gas Rigs Up Three, While Oil Count Surges
The United States added three natural gas rigs for the week ended Friday as a surge in oil-directed drilling drove a 29-rig net increase in the domestic tally, according to data from Baker Hughes Inc. (BHI).
Natural Gas Futures Sell Off to Cap Another Bearish Week; Rockies Spot Prices Rise
The natural gas futures market continued its recent run lower Friday, selling off more than a dime, as weather models offered a discouraging winter prognosis for the bulls. In the spot market, cold temperatures forecast for the northern United States lifted Rockies prices as New England pulled back ahead of a weekend warm-up; the NGI National Spot Gas Average fell 16 cents to $2.55/MMBtu.
Natural Gas Futures Sell-Off Continues for Second Straight Week; Spot Prices Sink Too
A precipitous slide in the natural gas futures market that began when the calendar rolled over to February continued for the week ending Friday, setting a bearish tone for spot prices across most regions. The NGI Weekly Spot Gas Average skidded 50 cents to $2.75/MMBtu.
March Natural Gas Called Higher as Market Awaits EIA Storage Stats
March natural gas was set to open Thursday about 3 cents higher at around $2.734, with the market looking ahead to the 10:30 a.m. EDT release of weekly government storage data expected to show a bearish pull versus recent seasonal norms.
EIA Reports Natural Gas Storage Pull Slightly Higher Than Expected; Futures Market Shrugs
The Energy Information Administration (EIA) on Thursday reported a weekly natural gas storage withdrawal that was slightly larger than market expectations, and futures traded in a narrow range following the release of the number.