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
As Weather Outlook Warms, Weekly Natural Gas Prices Cool Off
In an abbreviated four-day trading week following the Martin Luther King Jr. holiday on Monday, weekly cash prices recorded a double-digit drop as temperatures climbed across much of the Lower 48 and heating demand eased. Comfortable conditions moved in early in the week and stuck around until Thursday, notably including highs in the 40s and…
January 22, 2021
Natural Gas Futures Finish Rough Week in Negative Territory, Despite Strong Storage Withdrawal; Cash Climbs
Natural gas futures faltered for a fourth-consecutive day to end the week, with weakened weather demand expectations and lower U.S. export levels overshadowing a government inventory report that showed the steepest withdrawal of the season. The February Nymex gas futures contract settled at $2.446, down 4.5 cents day/day. March shed 4.1 cents to $2.456. NGI’s…
January 22, 2021
EIA Posts Steep Storage Withdrawal, but February Natural Gas Futures Continue Freefall
The U.S. Energy Information Administration (EIA) on Friday reported a withdrawal of 187 Bcf from natural gas storage for the week ending Jan. 15. It marked the steepest withdrawal of the season and exceeded the midpoint of analysts’ estimates. But it failed to impress, and Nymex natural gas futures faltered. Ahead of the EIA report,…
January 22, 2021
February Natural Gas Futures Fail to Find Footing, Fall for Third Consecutive Day
BREAKING: U.S. EIA on Friday reported a withdrawal of 187 Bcf from natural gas storage for the week ending Jan. 15 LNG feed gas levels dropped lower Cash prices were flat following two steep drops For a third-straight day, Natural gas futures gave up ground, with warmer weather outlooks outshining expectations for a steep storage…
January 22, 2021
Momentum Proves Elusive for February Natural Gas Futures
For a third-straight day, Natural gas futures gave up ground, with warmer weather outlooks outshining expectations for a steep storage withdrawal. The February Nymex gas futures contract settled at $2.491, down 4.8 cents day/day. March fell 3.6 cents to $2.497. “Weather is king,” Bespoke Weather Services said, “and continued warmth will keep the market under…
January 21, 2021
Weather Worries Hamper February Natural Gas Futures
Natural gas futures fell for a second consecutive day Expectations for strong weather-driven demand dwindled Cash prices dropped as mild temperatures persisted Natural gas futures fell for a second consecutive day on Wednesday, as traders absorbed dwindling expectations for strong weather-driven demand, moderating U.S. liquefied natural gas (LNG) levels and a change in control in…
January 21, 2021
Biden Taps Democrat Glick to Lead FERC
Richard Glick, a Democrat who joined FERC in 2017, was named chairman of the Commission by President Biden on Thursday. “This is an important moment to make significant progress on the transition to a clean energy future. I look forward to working with my colleagues to tackle the many challenges ahead,” said Glick, who was…
January 21, 2021
February Natural Gas Futures Fall on Demand Uncertainty; Spot Prices Stumble
Natural gas futures fell for a second consecutive day on Wednesday, as traders absorbed dwindling expectations for strong weather-driven demand, moderating U.S. liquefied natural gas (LNG) levels and a change in control in the nation’s capital. The February Nymex gas futures contract shed seven-tenths of a cent day/day and settled at $2.539/MMBtu. Prices recovered late…
January 20, 2021
Federal Appeals Court Strikes Down Trump Regulatory Rollback Affecting GHG Emissions
A federal appeals court struck down a Trump administration rule intended to relax federal oversight of air pollution from coal- and natural gas-fired power plants. The reversal of the Affordable Clean Energy (ACE) rule, issued by the U.S. Court of Appeals for the District of Columbia on Tuesday, concluded that Environmental Protection Agency officials under…
January 20, 2021
Warmer Forecasts Chill February Natural Gas Futures; Cash Prices Drop
Expectations eased for a widespread winter freeze LNG volumes were solid, but lower than January highs Spot prices sputtered amid mild temperatures Natural gas futures plunged on Tuesday after forecasts over the holiday weekend trended warmer for late January and early next month, diminishing prior expectations for a widespread winter freeze that would fuel robust…
January 20, 2021