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.
Archive / Author
SubscribeKevin Dobbs
Articles from Kevin Dobbs
Natural Gas Futures Post Back-to-Back Gains; Cash Prices Climb
Futures were boosted by continued robust LNG levels European demand for U.S. exports is mounting Cash prices advanced after storms in the West Natural gas futures on Monday advanced for a second consecutive session, boosted by continued robust liquefied natural gas (LNG) levels. The April Nymex contract settled at $2.582/MMBtu, up 4.7 cents day/day. May…
March 23, 2021
April Natural Gas Futures Extend Gains as LNG Holds Strong, Cash Prices Advance
Natural gas futures on Monday advanced for a second consecutive session, boosted by continued robust liquefied natural gas (LNG) levels. The April Nymex contract settled at $2.582/MMBtu, up 4.7 cents day/day. May gained 5.3 cents to $2.619. NGI’s Spot Gas National Avg. rose 4.0 cents to $2.310, with prices up across the Rocky Mountains region…
March 22, 2021
Mexico’s CFEi Climbs Two Spots in NGI’s 4Q2020 Natural Gas Marketer Survey
Mexico’s CFE Internacional (CFEi) climbed two spots quarter/quarter, to 12th from 14th, in NGI’s 4Q2020 Top North American Natural Gas Marketers rankings. CFEi is the international fuel marketing arm of Mexico’s power utility Comisión Federal de Electricidad (CFE). Through CFEi and its domestic counterpart CFEnergía, CFE has supplanted state oil company Petróleos Mexicanos (Pemex) in…
March 22, 2021
Mounting Export Demand Fuels April Natural Gas Futures
LNG volumes hovered near record levels Forecasts called for continued soft weather demand Cash prices declined as heating needs faded Natural gas futures on Friday edged higher as robust liquefied natural gas (LNG) levels and a brightening economic picture offset festering worry about weak weather-driven demand heading into the spring shoulder season. The April Nymex…
March 22, 2021
Weekly Natural Gas Prices Wobble as Late Winter Weather Falls Short of Driving National Demand
Customary volatility in the Northeast – punctuated by steep drops on a Tuesday defined by a lull in weather-driven demand – pushed weekly cash prices lower despite an active storm period. NGI’s Weekly Spot Gas National Avg. for the March 15-19 period fell 9.0 cents to $2.420. A heavy dose of winter dropped several inches…
March 19, 2021
April Natural Gas Futures Forge Ahead as LNG Volumes Reach Record Levels, Economy Musters Momentum
Natural gas futures on Friday edged higher as robust liquefied natural gas (LNG) levels and a brightening economic picture offset festering worry about weak weather-driven demand heading into the spring shoulder season. The April Nymex contract climbed 5.4 cents day/day and settled at $2.535/MMBtu. May rose in tandem, gaining 5.5 cents to $2.566. It marked…
March 19, 2021
Absent Expectations for Heating Demand, April Natural Gas Futures Fall
– EIA reported a modest withdrawal – Forecasts pointed to mild weather, weaker demand – LNG volumes held strong Natural gas futures fell further on Thursday — the 10th decline in the last 12 trading sessions — after a bearish storage report and forecasts that showed continued expectations for moderating heating demand. The April Nymex…
March 19, 2021
North American Natural Gas Marketers Lose Ground in 4Q2020, NGI Survey Shows, but 2021 Momentum in Sight
Leading natural gas marketers in North America collectively reported lower sales volumes in 4Q2020, marking the sixth year/year decline over the last seven quarters, according to NGI’s Top North American Natural Gas Marketers rankings. The flat result posted for 3Q2020 marked the lone exception. The 24 gas marketers included in the latest survey reported combined…
March 19, 2021
Despite LNG Staying Power, Natural Gas Futures Extend Downward Slide Following Bearish EIA Inventory Report
Natural gas futures fell further on Thursday — the 10th decline in the last 12 trading sessions — after a bearish storage report and forecasts that showed continued expectations for moderating heating demand. The April Nymex contract settled at $2.481/MMBtu, down 4.7 cents day/day. May lost 4.4 cents to $2.511. Diminished near-term weather demand also…
March 18, 2021
Natural Gas Futures Hover in Red After Bearish Storage Report
The U.S. Energy Information Administration (EIA) on Thursday reported a withdrawal of 11 Bcf from natural gas storage for the week ended March 12. The result fell shy of analyst estimates and punctuated market concerns about weakened weather-driven demand. “It was much warmer than normal over the northern and central U.S., while slightly cool over…
March 18, 2021