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Jeremiah Shelor

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.

Boardwalk CEO Sees Room For Two Permian-to-Gulf Coast NatGas Pipes

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.

February 13, 2018

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.

February 13, 2018

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.

February 9, 2018
U.S. Rig Count Surges on Oil Drilling Gains in Permian

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).

February 9, 2018
Domestic Natural Gas Rigs Up Three, While Oil Count Surges

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).

February 9, 2018

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.

February 9, 2018
Natural Gas Futures Sell-Off Continues for Second Straight Week; Spot Prices Sink Too

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.

February 9, 2018

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.

February 8, 2018
EIA Reports Natural Gas Storage Pull Slightly Higher Than Expected; Futures Market Shrugs

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.

February 8, 2018
Natural Gas Futures Near Even As Storage Stats No Surprise; Rockies Spot Prices Climb

Natural Gas Futures Near Even As Storage Stats No Surprise; Rockies Spot Prices Climb

A bearish government storage report that offered few surprises and an uninspiring weather outlook kept a lid on natural gas futures Thursday. Temperature shifts put spot prices in the Rockies on the ascent as East Coast points moderated; theNGI National Spot Gas Average shed 18 cents to $2.71/MMBtu.

February 8, 2018