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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.

U.S. Adds Two Natural Gas Rigs While Oil Rig Count Declines

U.S. Adds Two Natural Gas Rigs While Oil Rig Count Declines

Two U.S. natural gas rigs returned to the patch for the week ended Friday, but declines in oil drilling lowered the domestic count by three, according to data from Baker Hughes Inc. (BHI).

January 19, 2018

Natural Gas Spot Prices Sink on Lackluster Weekend Demand; Futures in Holding Pattern

Natural gas futures traded near even Friday as a warm forecast and lean storage picture left the market on the fence. Cash prices sank on expectations for moderate temperatures and lackluster demand over the weekend, and the NGI National Spot Gas Average dropped 25 cents to $3.10/MMBtu.

January 19, 2018
Winter Hits Deep South to Drive Up Weekly NatGas Spot Prices; Futures Mull Lean Storage

Winter Hits Deep South to Drive Up Weekly NatGas Spot Prices; Futures Mull Lean Storage

A blast of cold temperatures and a rare winter storm in Texas helped lift natural gas spot prices for the week ending Jan. 19, while a lean storage picture helped futures reach an eight-month high. The NGI Weekly Spot Gas Average climbed 45 cents to $4.06/MMBtu.

January 19, 2018

Market’s Attention Turns to EIA Storage; February Natural Gas Called Lower

February natural gas was set to open Thursday about 4 cents lower at around $3.190/MMBtu, with the market turning its attention to the 10:30 a.m. EDT release of this week’s government storage report.

January 18, 2018
EIA Natural Gas Storage Report a Bearish Miss; Futures in Retreat

EIA Natural Gas Storage Report a Bearish Miss; Futures in Retreat

The Energy Information Administration (EIA) reported a natural gas storage withdrawal Thursday that fell short of consensus estimates, and in response, futures sold off sharply.

January 18, 2018
Natural Gas Futures Stumble Before Afternoon Rally; Cash Plunges on Warmer Temps

Natural Gas Futures Stumble Before Afternoon Rally; Cash Plunges on Warmer Temps

Natural gas futures stumbled Thursday after a bearish miss on the Energy Information Administration’s (EIA) weekly storage figure, but an afternoon rally helped limit the damage.

January 18, 2018

February Natural Gas Called Higher as Medium-Term Cold Shot Spotted

February natural gas was set to open Wednesday about 7 cents higher at around $3.196/MMBtu, as forecasters noted some potential heating demand gains later this month.

January 17, 2018
Natural Gas Futures Set Eight-Month High on Tight Storage Outlook; Cash Eases After Spikes

Natural Gas Futures Set Eight-Month High on Tight Storage Outlook; Cash Eases After Spikes

Natural gas futures rallied to an eight-month high Wednesday ahead of Energy Information Administration (EIA) storage data that was expected to show another large pull to follow last week’s record. After a winter storm dropped snow and ice across the South, spot prices retreated Wednesday from weather-driven premiums set the day before; the NGI National Spot Gas Average fell $1.07 to $4.36/MMBtu.

January 17, 2018

February Natural Gas Retreats Off Last Week’s Surge, Called 14 Cents Lower

February natural gas was set to open Tuesday about 14 cents lower at around $3.055, retreating off a surge late last week following a record storage withdrawal.

January 16, 2018
Ohio EPA Requests Daily Updates on Rover’s Second Tuscarawas HDD

Ohio EPA Requests Daily Updates on Rover’s Second Tuscarawas HDD

The Ohio Environmental Protection Agency (Ohio EPA) has requested daily updates on Rover Pipeline LLC’s latest horizontal directional drill (HDD) under the Tuscarawas River, citing “significant concerns” over a potential repeat of a major spill that occurred there last April.

January 16, 2018