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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NGI The Weekly Gas Market Report
Frigid Temps Expected to Ring in the New Year; January NatGas Rallies Before Expiration
With below-normal temperatures spread across the eastern two-thirds of the country, natural gas spot prices continued to strengthen Wednesday, while futures saw a late rally ahead of the January contract expiration. New England points moderated from Tuesday’s polar vortex-level price spikes, leaving the NGI National Spot Gas Average to finish 43 cents lower at $4.92/MMBtu.
December 27, 2017
January NatGas Called Higher as Forecasts Flash Frigid Temps through Next Week
Soon-to-expire January natural gas was set to open about 7 cents higher at around $2.732 Tuesday, finding support over the long holiday weekend from forecasts that call for chilly temperatures into the first part of the new year.
December 26, 2017
Northeast NatGas Spikes Echo Past Polar Vortex Winters; Futures Market Not Impressed
Baby, it’s cold outside.
December 26, 2017
Chilly Temps Still on Tap for Next Week, January NatGas Called Higher
January natural gas was set to open about 4 cents higher Friday at around $2.640, with the anticipated arrival of frigid temperatures offering traders something to ponder heading into the holiday weekend.
December 22, 2017
U.S. Adds One NatGas Rig Ahead of Holiday
The U.S. added one natural gas rig for the week ended Dec. 22, helping the domestic tally finish higher and enter the holiday weekend on a positive note, according to data released Friday by Baker Hughes Inc. (BHI).
December 22, 2017
Gains in SCOOP/STACK Help U.S. Net One Rig Overall
The U.S. rig count finished higher for the week ended Dec. 22, netting one additional unit overall to head into the holiday weekend on a positive note, according to data released Friday by Baker Hughes Inc. (BHI).
December 22, 2017
January NatGas Bounces Back Off Contract Lows; Cash Perks Up Ahead of Wintry Holiday
In a shortened trading day Friday ahead of the Christmas holiday, natural gas futures nosed higher as forecasts continued to show frosty weather through the end of the year.
December 22, 2017
NatGas Markets Look Ahead to Heating Demand Arriving Over Holiday Break
Natural gas markets spent the week looking ahead — to an extended holiday weekend, perhaps, and to the arrival of widespread frigid temperatures starting around Christmas Day. Most points traded near even, while prices in the Northeast and out West flashed some volatility, and the NGI Weekly Spot Gas Average fell 5 cents to $2.91/MMBtu.
December 22, 2017
January NatGas Called Lower Ahead of EIA Storage Data
January natural gas was set to open about 4 cents lower at around $2.595 Thursday, approaching the lows set last week even amid calls for the Energy Information Administration (EIA) to report a robust withdrawal in its 10:30 a.m. EDT storage inventory report.
December 21, 2017
EIA Storage Stats a Bullish Miss; January NatGas Choppy Following Report
The Energy Information Administration (EIA) on Thursday reported a larger-than-average storage withdrawal that exceeded consensus estimates, and prices got a bounce after some overnight selling.
December 21, 2017