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
U.S. Petroleum Demand Eases, but Production Falls and Oil Inventories Recede, EIA Says
After climbing for two consecutive weeks, U.S. petroleum demand declined during the last week of May, the U.S. Energy Information Administration (EIA) said Wednesday. Still, refinery utilization reached a high for the year to date, and analysts anticipate demand to prove strong this summer. EIA said in its Weekly Petroleum Status Report (WPSR) overall petroleum…
June 4, 2021
Williams Pairing With Microsoft to Advance Net-Zero Emissions Goals; Efforts to Include Renewable Natural Gas
Williams, which owns one of the largest natural gas pipeline systems in the United States, said it joined forces with technology stalwart Microsoft Corp. to explore new ways to transform its energy infrastructure network as it pursues a net-zero emissions ambition. “Williams is committed to helping our customers achieve their sustainability goals while meeting energy…
June 3, 2021
OPEC-Plus Sticks to Oil Production Increase, Sees Demand Mounting
The Organization of the Petroleum Exporting Countries and its oil-producing allies, aka OPEC-plus, vowed to further increase output in July, keeping with a plan agreed to in April that calls for the cartel to add more than 2 million b/d back into the market between May and the end of July. The group led by…
June 2, 2021
July Natural Gas Futures, Cash Prices Post Solid Gains
A hotter shift in forecasts over the holiday weekend, including toasty June temperatures in key demand regions in the Midwest and East, helped propel natural gas futures sharply higher in early trading Tuesday. The July Nymex contract was up 7.2 cents to $3.058/MMBtu at around 8:50 a.m. ET. Natural gas futures recovered on Friday along…
June 1, 2021
Weekly Natural Gas Prices Lose Luster Amid Mild Temperatures in Key Regions
In an abbreviated trading period ahead of the long Memorial Day weekend, weekly cash prices dipped lower amid mild temperatures throughout the nation’s midsection and Northeast. With both heating and cooling demand light on a national level, NGI’s Weekly Spot Gas National Avg. for the May 24-27 period fell 6.0 cents to $2.685. Gas traded…
May 28, 2021
July Natural Gas Futures Rally to Close Out Volatile Week; Cash Prices Cruise
Natural gas futures recovered on Friday along with stronger export volumes and increased expectations for national cooling demand in June. The July Nymex contract rose 2.8 cents day/day and settled at $2.986/MMBtu. August gained 2.9 cents to $3.007. In its debut as the front month on Thursday, the July contract had dropped 6.9 cents following…
May 28, 2021
July Natural Gas Futures, Cash Prices Sink After Bearish Inventory Report
Dragged lower after a bearish government inventory report, natural gas futures plunged on Thursday after rallying more than 7.0 cents into the expiration of the June contract a day earlier. The July Nymex contract, in its debut as the front month, dropped 6.9 cents day/day and settled at $2.958/MMBtu. It had closed above $3.00 on…
May 28, 2021
July Natural Gas Futures Contract Slumps to Kick Off Prompt Month; Cash Prices Drop
Dragged lower after a bearish government inventory report, natural gas futures plunged on Thursday after rallying more than 7.0 cents into the expiration of the June contract a day earlier. The July Nymex contract, in its debut as the front month, dropped 6.9 cents day/day and settled at $2.958/MMBtu. It had closed above $3.00 on…
May 27, 2021
July Natural Gas Futures Drop as Triple-Digit Storage Injection Proves Bearish
The U.S. Energy Information Administration (EIA) on Thursday reported an injection of 115 Bcf natural gas into storage for the week ending May 21. The result was bearish relative to analyst expectations and sent natural gas futures lower. Ahead of the EIA report, the July contract was down 1.7 cents at $3.010/MMBtu. The prompt month…
May 27, 2021
June Natural Gas Futures Contract Rolls Off Board Following Robust Gain
BREAKING: U.S. EIA on Thursday reported an injection of 115 Bcf natural gas into storage for the week ending May 21 The June contract finishes Wednesday with 7-cent gain Storms a wildcard for export volume Natural gas futures on Wednesday built on the gains of a day earlier as a favorable shift in the weather-demand…
May 27, 2021