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
Wowzers! Record 359 Bcf EIA Natural Gas Storage Pull Delivers on Lofty Expectations
It’s a new record — and it wasn’t even close.
January 11, 2018
Natural Gas Storage ‘Doozy’ Shatters Record, Sparks Futures Surge; Cash Rising Ahead of Cold
A record natural gas storage withdrawal that managed to exceed already lofty market expectations on Thursday helped spark a 17-cent surge in the prompt month futures contract. In the spot market, another round of cold temperatures helped drive widespread gains through the middle of the country, lifting the NGI National Spot Gas Average 9 cents to $3.18/MMBtu.
January 11, 2018
February NatGas Called Higher; Forecasts Trending Colder Next Week
February natural gas was set to open Wednesday about 3 cents higher at $2.959, helped by bullish adjustments to the outlook for Arctic cold expected move in next week.
January 10, 2018
Natural Gas Futures Retreat Ahead of Expected Record EIA Pull; Cash Gains in Central U.S.
Expectations for the Energy Information Administration (EIA) to report a record pull from U.S. natural gas stocks couldn’t help natural gas futures sustain their recent run higher Wednesday. Meanwhile, forecasts for the mercury to drop in the days ahead helped lift cash prices through the middle of the country as East Coast prices continued to moderate, and the NGI National Spot Gas Average fell 11 cents to $3.09/MMBtu.
January 10, 2018
NatGas Futures Higher on Colder Forecast for Next Week, Talk of Big Storage Pull
Natural gas futures pushed higher Tuesday amid bullish changes in the medium-term weather outlook and talk of a record pull from storage inventories. Meanwhile, a thaw in the Northeast dropped cash prices there Tuesday; with mostly small moves elsewhere, the NGI National Spot Gas Average gave up 22 cents to $3.20.
January 9, 2018
February NatGas Called Higher on Next Week’s Colder Forecast
February natural gas was set to open Tuesday about 5 cents higher at around $2.882 as forecasters were pointing to colder changes overnight in a pattern set to arrive next week.
January 9, 2018
Medium-Term Cooldown Spotted Over Weekend, February NatGas Called Higher
February natural gas was set to open Monday about 3 cents higher at around $2.829, with the prompt-month finding support from colder changes to the medium-term weather outlook.
January 8, 2018
NatGas Cash Nearly Normal Following Demand Spikes; Futures Inch Higher
After roughly two weeks of extreme cold and elevated prices, the natural gas spot market returned to normal Monday with warmer temperatures and falling demand expected in the days ahead. Last week’s outsized East Coast cash premiums all but evaporated, and the NGI National Spot Gas Averagefell $3.45 to $3.42/MMBtu.
January 8, 2018
NatGas Slides on Long-Range Warm Forecast as February Called 12 Cents Lower
February natural gas was set to open Friday about 12 cents lower at around $2.759 as forecasters noted warmer changes to the medium- and long-range weather outlooks.
January 5, 2018
NatGas Cash Tumbles Off Record-Setting Highs; Futures Betting Cold Won’t Last
After a record-setting day Thursday, natural gas spot prices on Friday had nowhere to go but down.
January 5, 2018