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
August Natural Gas Futures Bounce Back Despite Mixed Views on Weather, Export Demand
August natural gas futures rebounded Tuesday amid news of continued robust exports to Mexico and a varied weather outlook that anticipates cooler near-term conditions but potential for heat to intensify in coming weeks. Analysts cautioned trading would be choppy ahead of the September contract becoming the front month on Thursday. The August Nymex contract rose…
July 28, 2020
August Natural Gas Futures Dive Lower on Cooler Outlook
Natural gas futures lost momentum as national forecasts shifted cooler Storm activity in the Gulf of Mexico also ushered in milder temperatures through parts of the central United States Cash prices moved higher, led by surges in California August natural gas futures lost momentum on Monday, as storm activity in the Gulf of Mexico (GOM)…
July 28, 2020
Storm, Cooler Forecasts Chill August Natural Gas Futures
August natural gas futures lost momentum on Monday, as storm activity in the Gulf of Mexico (GOM) ushered in milder temperatures through parts of the central United States and national forecasts shifted cooler. The August Nymex contract fell 7.4 cents day/day and settled at $1.734/MMBtu. September declined 8.1 cents to $1.786. NGI’s Spot Gas National…
July 27, 2020
Signs of LNG Recovery, Cooling Demand Lengthen Positive Run for August Natural Gas Futures
Pricing momentum gathered after signs of an improving liquefied natural gas export environment Storage capacity concerns eased and robust power burns pointed to continued strong summer demand Spot prices advanced, led by gains in the Northeast region August natural gas futures on Friday continued a rally ignited a day earlier as storage capacity concerns eased…
July 27, 2020
Weekly Natural Gas Prices Struggle to Find Momentum
Spot prices stumbled during the past week, with demand easing in Texas and markets in the West as temperatures moderated from the prior week amid bouts of rain and a slightly cooler weather pattern nationally. NGI’s Weekly Spot Gas National Avg. lost 6.5 cents to $1.620 for the July 20-24 period. Increased spread of the…
July 24, 2020
August Natural Gas Futures Extend Rally as Demand Picture Brightens
August natural gas futures on Friday continued a rally ignited a day earlier as storage capacity concerns eased and robust power burns pointed to continued strong summer demand. The August Nymex contract gained 2.3 cents day/day and settled at $1.808/MMBtu Friday. That followed a double-digit advance on Thursday, which pushed futures to a two-week high.…
July 24, 2020
Light Storage Injection Fuels Surge in August Natural Gas Futures
A modest storage injection eased containment concerns and overshadowed worries imposed by the coronavirus pandemic The EIA reported an injection of 37 Bcf that served as evidence that robust summer heat is driving strong cooling demand Spot prices advanced alongside continued lofty temperatures August natural gas futures advanced on Thursday as a modest storage injection…
July 24, 2020
Storage Report Points to Tightening Balance, Igniting August Natural Gas Futures Rally
August natural gas futures advanced on Thursday as a modest storage injection eased containment concerns and overshadowed worries imposed by the ongoing coronavirus pandemic. The August Nymex contract climbed 10.4 cents day/day and settled at $1.796/MMBtu. September rose 11.7 cents to $1.843. NGI’s Spot Gas National Avg. was up 1.0 cent to $1.610. The Energy…
July 23, 2020
Calls for Bullish Storage Report Prop Up August Natural Gas Futures
U.S. EIA reports an injection of 37 Bcf into storage for the week ending July 17, marking the fourth consecutive week of double-digit builds Mounting coronavirus cases continue to weigh on domestic industrial gas demand and U.S. exports Traders shrugged off early weather concerns Wednesday and nudged August natural gas futures higher as major polls…
July 23, 2020
Light Storage Injection Drives August Natural Gas Futures Higher
The U.S. Energy Information Administration (EIA) reported an injection of 37 Bcf into storage for the week ending July 17, marking the fourth consecutive week of double-digit builds and pushing Nymex natural gas futures higher. Ahead of the report, the August contract was up seven-tenths of a cent at $1.688/MMBtu. The prompt month declined slightly…
July 23, 2020