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 Markets Suffer Let-Off After Promising Start to Winter
Natural gas markets spent most of the week in retreat, as futures traders puzzled over mixed signals in the medium- to long-range forecast and the spot market suffered a let-off in demand following last weekend’s cold temperatures. The NGI Weekly Spot Gas Average fell a dime to $2.99/MMBtu.
November 17, 2017
December NatGas Called Higher as All Eyes on Storage Report
December natural gas was set to open about 2 cents higher Thursday at around $3.10 as all eyes turn to the 10:30 a.m. EDT release of the Energy Information Administration’s (EIA) storage inventory data.
November 16, 2017
EIA Reports Winter’s First Withdrawal; NatGas Bulls Not Impressed
The Energy Information Administration (EIA) reported the first storage withdrawal of the season Thursday, but natural gas bulls seemed unimpressed even as the final number came in slightly tighter than market expectations.
November 16, 2017
December NatGas Threatens to Fill Gap After Brushing Off Tight Storage Stats; $2.98-3.00 in Play
Natural gas futures couldn’t muster a move higher Thursday even as the season’s first storage withdrawal came in slightly tighter than market expectations. Flattish demand held the spot market in check, and the NGI National Spot Gas Average fell 4 cents to $2.97.
November 16, 2017
December NatGas Called Higher, Weather Models Still Disagree
December natural gas was set to open about 2 cents higher at around $3.12 Wednesday as the market continues to puzzle over mixed weather signals ahead of Thursday’s storage inventory data from the Energy Information Administration (EIA).
November 15, 2017
NatGas Futures Slide as EIA Set to Report Season’s First Draw; Cash Mixed
Natural gas futures slid further Wednesday, with the market vexed by disagreement in the major weather models and waiting to see if Thursday’s storage inventory report — expected to show the season’s first withdrawal — can give a nudge in either direction.
November 15, 2017
Market Reacts to Mixed Weather Signals, December NatGas Called 6 Cents Lower
December natural gas was set to open about 6 cents lower Tuesday at around $3.10 as the market continued to pull back from last week’s gains on mixed signals in the long-range weather outlook.
November 14, 2017
Energy Transfer Says Waha-to-Mexico Ramping Up ‘Some Time Down the Road’
Basis differentials at the Waha Hub, situated at the heart of the Permian Basin, could “blow out materially” over the next year or two, and Energy Transfer Partners LP (ETP) is poised to take advantage, management said.
November 14, 2017
ACP, MVP Challengers Flood FERC with Rehearing Requests
Dozens of groups and individuals filed rehearings requests this week challenging FERC’s certificate orders approving the Atlantic Coast (ACP) and Mountain Valley (MVP) pipelines.
November 14, 2017
December NatGas Retreats Further on Warmer European Model; Spot Market Spills Red Ink
The recent pullback in natural gas futures continued Tuesday as disagreement between the major weather models pointed to warmer risks through the remainder of November. Meanwhile, flat-to-lower demand in most regions following the recent cold blast had the spot market awash in red ink, and the NGI National Spot Gas Average fell 9 cents to $2.99.
November 14, 2017