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
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.
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.
March Natural Gas Called Lower Amid Unimpressive Forecast
March natural gas was set to open Wednesday about 3 cents lower at around $2.728 as forecasters spotted warmer changes to an unimpressive outlook for February cold.
Natural Gas Futures Down Ahead of Expected Bearish Storage; East Coast Cash Rises
After a brief reprieve the day before, natural gas futures slid again Wednesday ahead of a government storage report that is expected to show a lighter-than-normal pull from inventories. In the spot market, a blast of wintry weather helped lift prices along the East Coast as most regional averages traded within a nickel of even; theNGI National Spot Gas Average added 5 cents to $2.89.
FERC OKs Rover HDD Restart at Tuscarawas River
FERC on Tuesday cleared Rover Pipeline LLC to restart horizontal directional drilling (HDD) underneath the Tuscarawas River in Stark County, OH, ending the latest regulatory setback for the nearly completed 3.25 Bcf/d, 713-mile natural gas mega project.
Rover OK to Resume Tuscarawas HDD, Says FERC
FERC on Tuesday cleared Rover Pipeline LLC to restart horizontal directional drilling (HDD) underneath the Tuscarawas River in Stark County, OH, ending the latest regulatory setback for the nearly completed 3.25 Bcf/d, 713-mile natural gas mega project.