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
Natural Gas Futures Edge Up Amid Expectations for Bullish Storage Report
BREAKING: U.S. EIA reports an injection of 45 Bcf into storage for the week ending July 10 Liquefied natural gas remains an area of weakness as the coronavirus pandemic extends deep into the summer But natural gas pipeline exports to Mexico are a relative bright spot, hitting daily record levels Natural gas futures advanced Wednesday…
July 16, 2020
Nearly In-Line Storage Injection Nudges July Natural Gas Futures Higher
The U.S. Energy Information Administration (EIA) reported an injection of 45 Bcf into storage for the week ending July 10, a print that reflected intense heat and robust cooling demand. The result pushed up Nymex natural gas futures, though early gains were modest amid lingering concerns about weak liquefied natural gas (LNG) demand. The build…
July 16, 2020
As Intense Heat Simmers, August Natural Gas Futures Trade Higher Ahead of Next Storage Report
Natural gas futures advanced Wednesday as markets mulled prospects for continued intense heat along and estimates for a bullish storage injection report. The August Nymex contract advanced 3.2 cents day/day and settled at $1.778/MMBtu. September rose 3.1 cents to $1.818. NGI’s Spot Gas National Avg. declined a half-cent to $1.670. Bespoke Weather Services said that…
July 15, 2020
PRAs Tout Confidence in Long-Term Liquidity of Natural Gas Published Indexes
Two leading Price Reporting Agencies (PRA) indicated that the decline in reported transactions has leveled off in recent years, and they remain confident that the data received from the market is sufficient to determine published natural gas indexes. Representatives from Natural Gas Intelligence and S&P Global Platts each cited recent stabilization in reporting numbers and…
July 15, 2020
Ongoing Heat Expectations Offset Virus Concerns, Prop Up August Natural Gas Futures
Forecasts for above-normal temperatures and strong cooling demand through July nudged natural gas futures higher Bespoke Weather Services continues to view this month as on pace to edge out July 2011 as the hottest July on record Weak liquefied natural gas exports remain a drag Ongoing expectations for above-normal temperatures and strong cooling demand through…
July 15, 2020
August Natural Gas Futures Eke Out Modest Gain on Cooling Demand Expectations
Ongoing expectations for above-normal temperatures and strong cooling demand through July and beyond nudged August natural gas futures higher Tuesday. The August Nymex contract rose seven-tenths of cent day/day and settled at $1.746/MMBtu. September, however, decreased 1.0 cent to $1.787. NGI’s Spot Gas National Avg. declined 4.5 cents to $1.675. While the latest forecasts lack…
July 14, 2020
Moderately Cooler Forecasts Enough to Drive Down August Natural Gas Futures
Though intense heat remains in the cards for the balance of summer, near-term forecasts shifted cooler over the weekend Analysts said still-strong summer temperatures should continue to drive exceptional levels of cooling demand Weak liquefied natural gas demand remains a stubborn headwind Though intense heat remains in the cards for the balance of summer, near-term…
July 14, 2020
August Natural Gas Futures Dip Lower Alongside Forecasts for Less Intense Heat
Though intense heat remains in the cards for the balance of summer, near-term forecasts shifted cooler over the weekend and had a dampening effect on natural gas futures Monday. The August Nymex contract lost 6.6 cents day/day and settled at $1.739/MMBtu. September fell 5.0 cents to $1.797. NGI’s Spot Gas National Avg. advanced 1.0 cent…
July 13, 2020
With Soaring Temperatures and Mexican Exports Climbing, August Natural Gas Futures Finish the Week Strong
U.S. piped exports to Mexico hit the highest level ever reached in cross-border flows in a single gas day While cooler from earlier forecasts, the outlook for heat remains strong across most of the Lower 48 The continued spread of the coronavirus and its adverse impact on economic activity and industrial energy demand remains a…
July 13, 2020
Weekly Natural Gas Prices Post Solid Gains as Summer Temperatures Soar
Spot prices surged over the course of the week as robust heat stretched across the country, with highs reaching into the triple-digits over swaths of Texas and the Southwest. Strong cooling demand propelled weekly spot gas prices for the July 6-10 period. NGI’s Weekly Spot Gas National Avg. advanced 22.0 cents to $1.730. Though forecasts…
July 10, 2020