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.
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Articles from Kevin Dobbs
With July 4 Weekend, Weekly Natural Gas Prices Give Up Modest Ground
Spot prices declined for the first week of July gas delivery as expectations for near-term cooling demand eased because of the long July 4 weekend — a holiday stretch typically defined by outdoor activities and reductions in manufacturing and air conditioner use. NGI’s Weekly Spot Gas National Avg. from trading Tuesday through Thursday for the…
July 2, 2020
August Natural Gas Futures Jump After Lower Storage Injection, Signs of Stronger Demand
Natural gas futures advanced Thursday after the latest storage build came in below analysts’ average expectations and indicated that intensifying summer heat had started to drive stronger cooling demand and power burns. The August Nymex contract rose 6.3 cents day/day and settled at $1.734 /MMBtu. September rose 6.4 cents to $1.785. NGI’s Spot Gas National…
July 2, 2020
August Natural Gas Futures Tumble on Lower LNG Feed Gas Volumes
BREAKING: U.S. EIA reports injection of 65 Bcf for the week ending June 26 LNG feed gas demand was down notably Wednesday Forecasts continued to call for strong heat through mid-July Markets will next turn to Thursday’s storage report Natural gas futures lost momentum Wednesday following two days of solid gains, after a disappointing drop…
July 2, 2020
Storage Injection Comes in Below Expectations, Boosting August Natural Gas Futures
The U.S. Energy Information Administration (EIA) reported an injection of 65 Bcf for the week ending June 26, a print that fell below analysts’ average expectations and sent natural gas futures higher. Prior to the EIA report, the August contract was up 2.2 cents at $1.693/MMBtu, and the prompt month advanced further to around $1.718…
July 2, 2020
Weak LNG Feed Gas Volumes Sink August Natural Gas Futures Ahead of Storage Report
Natural gas futures lost momentum Wednesday following two days of solid gains, after a disappointing drop in liquified natural gas (LNG) feed flows amplified concerns that supply/demand balances are largely dependent on extreme heat. The August Nymex contract declined 8.0 cents day/day and settled at $1.671/MMBtu. September fell 6.8 cents to $1.721. The August contract…
July 1, 2020
August Natural Gas Futures Extend Rally as Heat Outlook Further Intensifies
Natural gas futures posted another solid advance as optimism intensified that summer heat will drive strong energy demand A day earlier the prompt month surged 16.5 cents Forecasts call for strong heat through mid-July across most of the Lower 48 Natural gas futures posted another solid advance Tuesday as optimism intensified that summer heat will…
July 1, 2020
August Natural Gas Futures Maintain Momentum as Forecasts Trend Even Hotter
Natural gas futures posted another solid advance Tuesday as optimism intensified that summer heat will drive strong energy demand and support prices. The August Nymex contract rose 4.2 cents day/day and settled at $1.751/MMBtu. A day earlier the prompt month surged 16.5 cents. September climbed 3.5 cents to $1.789. NGI’s Spot Gas National Avg. was…
June 30, 2020
With Stronger Heat Looming, Natural Gas Futures Rebound with Double-Digit Avance
New outlook for more extreme heat fueled optimism about seasonally stronger energy demand Monday’s gain marked a stark contrast from the prior week, when the July contract plummeted to a 25-year low before moving off the board Spot prices surged Monday Natural gas futures posted a strong double-digit advance Monday, lifted by updated outlooks for…
June 30, 2020
August Natural Gas Futures Mount Vigorous Rally on Forecasts for More Intense Heat
Natural gas futures posted a strong double-digit advance Monday, lifted by updated outlooks for more extreme July heat that could drive seasonally stronger energy demand. The August Nymex contract surged 16.5 cents day/day and settled at $1.709/MMBtu. It marked a stark contrast from the prior week, when the July contract plummeted to a 25-year low…
June 29, 2020
Natural Gas Futures Recover After Bruising Week as Markets Turn Focus to Forecasts for Mid-Summer Heat
Natural gas futures fought off a fifth-consecutive decline amid forecasts for above-normal temperatures A day earlier, futures dropped to a 25-year low after a massive storage build spooked markets Spot prices lost ground amid lingering concerns about oversupply Natural gas futures traded in the red much of Friday but staved off a fifth-consecutive decline, recovering…
June 29, 2020