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Kevin Dobbs

Kevin Dobbs joined the staff of NGI in April 2020. Prior to that, he worked as a financial reporter and editor for S&P Global Market Intelligence, covering financial companies and markets. Earlier in his career, he served as an enterprise reporter for the Des Moines Register. He has a bachelor's degree in English from South Dakota State University.

Kevin Dobbs's avatar

Senior Editor, Markets | Sioux Falls, SD

@KNatgas

email kevin.dobbs@naturalgasintel.com

Canadian Fires Present Wildcard for Natural Gas Production, Imports to Western U.S. and Prices

Canadian Fires Present Wildcard for Natural Gas Production, Imports to Western U.S. and Prices

Following a record-setting outbreak in 2023, a fast start to the wildfire season is already threatening interruptions to Canada’s largest crude oil production region. Blazes in the western reaches of the country, if not contained, could also hamper natural gas output in a potential replay of last summer. Impacts to either would present possible implications…

May 20, 2024
Lower Natural Gas Prices and Curbed Inflation Set Stage for Infrastructure-Supportive Interest Rate Cuts

Lower Natural Gas Prices and Curbed Inflation Set Stage for Infrastructure-Supportive Interest Rate Cuts

Natural gas prices are on the rise in May, but they are coming off some of the lowest levels of the decade in April, as well as weakness through most of 2024. This sapped the will of natural gas bulls for a stretch. However, the price slump dropped consumer heating bills over the past winter…

May 17, 2024
Natural Gas Futures, Spot Prices Advance as Southern Heat Takes Root, Production Slows

Natural Gas Futures, Spot Prices Advance as Southern Heat Takes Root, Production Slows

Natural gas futures on Tuesday rallied amid forecasts for strong Southern heat, continued light production estimates and expectations for a bullish government inventory print. At A Glance: Heat forecast to spread Production below 96 Bcf/d Bullish injection expected The June Nymex gas futures contract settled at $2.416/MMBtu, up 7.2 cents day/day. NGI’s Spot Gas National…

May 15, 2024
After Hitting Three-Month High, Profit-Taking Saps Natural Gas Futures; Waha Cash Prices Flip Positive

After Hitting Three-Month High, Profit-Taking Saps Natural Gas Futures; Waha Cash Prices Flip Positive

Natural gas futures floundered on Tuesday as traders took profits and ongoing maintenance projects called into question the timing of a full rebound in export demand. At A Glance: Production near 97 Bcf/d Export demand mixed Strong Southern heat Coming off a 12.9 cent jump on Monday and a 5% rally last week, the June…

May 14, 2024
Natural Gas Futures, Spot Prices Relaunch Bull Parade as Summer Heat Nears

Natural Gas Futures, Spot Prices Relaunch Bull Parade as Summer Heat Nears

Natural gas futures rallied anew on Monday against a backdrop of looming summer weather, lighter production and an improving storage situation. At A Glance: Temperatures mount in South Production around 98 Bcf/d NGI models 75 Bcf injection After gaining 5% last week – despite a drop Friday – the June Nymex gas futures contract on…

May 13, 2024
Weekly Natural Gas Spot Prices Mixed Due to Waha Wildcard; Futures Rally on Lighter Production

Weekly Natural Gas Spot Prices Mixed Due to Waha Wildcard; Futures Rally on Lighter Production

Weekly natural gas cash prices were mixed as continued declines in production and pockets of strong demand empowered bulls, but weakness in West Texas kept bears in that region on the prowl.   NGI’s Weekly Spot Gas National Avg. for the May 6-10 period rose 4.0 cents to $1.425/MMBtu. Futures, meanwhile, rallied much of the week.…

May 10, 2024
Natural Gas Futures Take Breather to Stall Strong Win Streak; Spot Prices Vary

Natural Gas Futures Take Breather to Stall Strong Win Streak; Spot Prices Vary

Natural gas futures finished Friday on a low note yet capped a solid week overall that was built on fading production, LNG advances and sections of strong weather-driven demand. The June Nymex gas futures contract settled at $2.252/MMBtu on Friday, down 4.9 cents day/day but up from the prior week’s $2.142 close. NGI’s Spot Gas…

May 10, 2024
Natural Gas Futures Resume Rally Mode Amid Weaker Production, Narrower Storage Surplus

Natural Gas Futures Resume Rally Mode Amid Weaker Production, Narrower Storage Surplus

Natural gas futures flew higher Thursday, gaining ground for the fifth time in six sessions as production continued to slide and storage excesses gradually narrowed. At A Glance: EIA prints 79 Bcf Injection Output below 96 Bcf/d Summer weather nears Following a breather the prior session – a 2.0-cent dip – the June Nymex gas…

May 9, 2024
June Natural Gas Futures Take Flight Following Bullish EIA Storage Print

June Natural Gas Futures Take Flight Following Bullish EIA Storage Print

Utilities injected 79 Bcf of natural gas into storage for the week ended May 3, the U.S. Energy Information Administration (EIA) reported on Thursday. The result was nearly in line with historical norms but lower than the median of expectations. This added to upward momentum for Nymex natural gas futures. About 30 minutes ahead of…

May 9, 2024
Even as Production Falls, Natural Gas Futures Fail to Extend Rally a Fifth Session; Cash Prices Climb

Even as Production Falls, Natural Gas Futures Fail to Extend Rally a Fifth Session; Cash Prices Climb

Price bulls, galvanized by continued production drops, powered natural gas futures close to a fifth consecutive gain on Wednesday before they fizzled in afternoon trading amid profit-taking. The June Nymex gas futures contract ultimately settled at $2.187/MMBtu, down 2.0 cents day/day. At A Glance: Output slips close to 95 Bcf/d Weather to shift in bears’…

May 8, 2024
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