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
NatGas Futures Continue Slump; Cash Plummets on Soft Holiday Demand
Natural gas futures continued to slump Wednesday as a bearish medium-range weather outlook overshadowed another weekly storage withdrawal. The spot market was dripping in red ink, with forecast weak demand following the Thanksgiving holiday not offering much incentive for buyers to lock in deals through the long weekend. The NGI National Spot Gas Average tumbled 17 cents to $2.74.
More Divergence in Weather Models; December NatGas Called Lower
December natural gas was set to open Tuesday about a penny lower at around $3.035 as more disagreement between the major weather models clouded the outlook for early December.
NGI The Weekly Gas Market Report
New England Utilities Sued over NatGas Scheduling Practices
A group of New England residents has filed a class-action lawsuit accusing Eversource Energy and Avangrid Inc. of artificially increasing natural gas spot market prices to benefit their electric generating assets between 2013 and 2016.
December NatGas Falls Again Ahead of Predicted Storage Withdrawal; Cash Unchanged
Natural gas futures fell for the second consecutive day Tuesday, threatening to fill the bottom of a gap in the chart that formed earlier this month. With the Thanksgiving holiday approaching, spot prices were mixed, and save for some larger shifts in the Northeast and in the West, changes mostly fell within a nickel of even. The NGI National Spot Gas Average finished flat at $2.91.
NatGas Market Disappointed in Weekend Weather Data, December Called Lower
December natural gas was set to open about 6 cents lower Monday at around $3.04 amid mixed signals in the weather data and some uncertainty about the extent of a cold pattern expected to move in at the start of December.
WB XPress NatGas Expansion Across West Virginia, Virginia Gets FERC Nod
Columbia Gas Transmission LLC’s WB XPress Project was issued a FERC certificate Friday to allow a 1.3 Bcf/d expansion in West Virginia and Virginia to move forward.
December NatGas Trades Lower on Lack of Consistent Cold; Cash Flat
Natural gas futures fell Monday on a variable weather outlook that has bulls searching for signs of sustained cold. In the spot market, another price spike in California offset losses in the Northeast and Appalachia, and the NGI National Spot Gas Average was flat at $2.91/MMBtu.
Rigs Continue Rebound on Permian, Haynesville Gains
The U.S. rig count continued to bounce back for the week ended Friday, adding eight to its tally on the strength of gains in Texas and Louisiana, according to data by Baker Hughes Inc. (BHI).
Eight NatGas Rigs Added in U.S. as Rebound Continues
The U.S. rig count continued to bounce back for the week ended Friday, and this time it was natural gas-directed drilling leading the way, according to data by Baker Hughes Inc. (BHI).
December NatGas Rebounds After Bearish Week; Spot Market Not Sweating Cold Forecast
Natural gas futures rebounded Friday on a colder medium-range weather outlook after retreating for most of the week. In the spot market, a cold system that was expected to move in over the weekend wasn’t enough to spur buyer interest in locking in three-day deals, and the NGI National Spot Gas Average fell 6 cents to $2.91/MMBtu.