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
June NatGas Bidweek Gains Already A Distant Memory as Summer Outlook Shifts
What a difference a few days can make.
Bearish Storage Prompts NatGas Declines, But Signs of Warmer Weather On Horizon
Natural gas markets — both futures and day-ahead — were spilling red ink everywhere Thursday, as summer cooling demand can’t come soon enough for the bulls. After the previous day’s losses, the bears already had a grip on the market, but a double dose of bearish news from the Energy Information Administration’s (EIA) Thursday morning storage injection report sent cash and futures tumbling again.
July Called Lower as Market Searches For Signs of Summer
July natural gas was set to open a couple pennies lower Wednesday morning as the market continued its search for signs of the onset of summer cooling demand. Overnight oil markets were down.
NatGas Futures Fall Further on Lack of Weather Inspiration; Cash Follows
Mild weather brought the bears out to play Wednesday as July natural gas futures reaffirmed Tuesday’s 14-cent dive by plunging another 7 cents, settling at $3.071. The day-ahead market followed the futures down, as most regions gave up a nickel to a dime, and NGI’s National Spot Gas Average dropped 8 cents to finish at $2.73/MMBtu.
Lonestar Adds 30,000 South Texas Acres For $117M
Lonestar Resources US Inc. said Tuesday it is acquiring more than 30,000 gross (21,238 net) acres in the Eagle Ford Shale in South Texas for a total purchase price of $116.6 million.
West Virginia High Court Reverses Royalties Ruling, Allows Post-Production Deductions
The West Virginia Supreme Court has sided with EQT Production Co. in a dispute over natural gas royalty payments, ruling that producers can deduct post-production costs in calculating the price at the wellhead.
Energy Transfer Now Projects Partial Delay of Rover Phase 1
While part of Energy Transfer Partners LP’s Rover Pipeline Phase 1 remains on track for an early July start-up, the rest of Phase 1 is likely to get pushed back, a company spokeswoman said Thursday.
Rover’s Phase 1 to See Partial Delay, Energy Transfer Says
While part of Energy Transfer Partners LP’s Rover Pipeline Phase 1 remains on track for an early July start-up, the rest of Phase 1 is likely to get pushed back, a company spokeswoman said Thursday.
FERC Kennels Rover Pipeline’s Request to Finish Creek Crossings in Ohio, West Virginia
FERC has denied giving Rover Pipeline LLC permission to finish horizontal directional drilling (HDD) at two sites critical to laterals in Ohio and West Virginia — at least for now.
Rover’s Request Denied By FERC, HDDs Still On Pause
FERC has denied Rover Pipeline LLC permission to finish horizontal directional drilling (HDD) at two sites critical to laterals in Ohio and West Virginia — at least for now.