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
Weak LNG Feed Gas Volumes Sink August Natural Gas Futures Ahead of Storage Report
Natural gas futures lost momentum Wednesday following two days of solid gains, after a disappointing drop in liquified natural gas (LNG) feed flows amplified concerns that supply/demand balances are largely dependent on extreme heat. The August Nymex contract declined 8.0 cents day/day and settled at $1.671/MMBtu. September fell 6.8 cents to $1.721. The August contract…
July 1, 2020
August Natural Gas Futures Extend Rally as Heat Outlook Further Intensifies
Natural gas futures posted another solid advance as optimism intensified that summer heat will drive strong energy demand A day earlier the prompt month surged 16.5 cents Forecasts call for strong heat through mid-July across most of the Lower 48 Natural gas futures posted another solid advance Tuesday as optimism intensified that summer heat will…
July 1, 2020
August Natural Gas Futures Maintain Momentum as Forecasts Trend Even Hotter
Natural gas futures posted another solid advance Tuesday as optimism intensified that summer heat will drive strong energy demand and support prices. The August Nymex contract rose 4.2 cents day/day and settled at $1.751/MMBtu. A day earlier the prompt month surged 16.5 cents. September climbed 3.5 cents to $1.789. NGI’s Spot Gas National Avg. was…
June 30, 2020
With Stronger Heat Looming, Natural Gas Futures Rebound with Double-Digit Avance
New outlook for more extreme heat fueled optimism about seasonally stronger energy demand Monday’s gain marked a stark contrast from the prior week, when the July contract plummeted to a 25-year low before moving off the board Spot prices surged Monday Natural gas futures posted a strong double-digit advance Monday, lifted by updated outlooks for…
June 30, 2020
August Natural Gas Futures Mount Vigorous Rally on Forecasts for More Intense Heat
Natural gas futures posted a strong double-digit advance Monday, lifted by updated outlooks for more extreme July heat that could drive seasonally stronger energy demand. The August Nymex contract surged 16.5 cents day/day and settled at $1.709/MMBtu. It marked a stark contrast from the prior week, when the July contract plummeted to a 25-year low…
June 29, 2020
Natural Gas Futures Recover After Bruising Week as Markets Turn Focus to Forecasts for Mid-Summer Heat
Natural gas futures fought off a fifth-consecutive decline amid forecasts for above-normal temperatures A day earlier, futures dropped to a 25-year low after a massive storage build spooked markets Spot prices lost ground amid lingering concerns about oversupply Natural gas futures traded in the red much of Friday but staved off a fifth-consecutive decline, recovering…
June 29, 2020
Despite Headwinds, Summer Heat Props Up Weekly Natural Gas Prices
Newly intensified coronavirus outbreaks threatened energy demand, but rising summer temperatures across much of the Lower 48 boosted cash prices for the June 22-26 period. NGI’s Weekly Spot Gas National Avg. for the June 22-26 period climbed 9.5 cents to $1.520. Stronger summer conditions took hold during the week – following a relatively mild stretch…
June 26, 2020
Natural Gas Futures Avoid Fifth Straight Day of Loss as Markets Digest ‘Monster’ Storage Injection
Natural gas futures traded in the red much of Friday but staved off a fifth-consecutive decline, recovering some ground from the steep losses posted a day earlier after a colossal storage build spooked markets and amplified entrenched supply/demand worries. The July Nymex contract rose 1.3 cents day/day and settled at $1.495/MMBtu. The July contract moved…
June 26, 2020
Triple-Digit Storage Exceeds Expectations, Sends July Natural Gas Futures to 25-year Low
Natural Gas futures sunk to a low last seen in 1995 Storage injection easily surpassed analysts’ expectations and magnified supply/demand imbalance worries Summer heat has intensified in June, but the outlook is mixed Natural gas futures plunged Thursday after a hefty storage injection that easily surpassed the high end of analysts’ expectations and magnified supply/demand…
June 26, 2020
July Natural Gas Futures Plummet Following Triple-Digit Storage Build Far Ahead of Expectations
Natural gas futures plunged Thursday after a hefty storage injection that easily surpassed the high end of analysts’ expectations and magnified supply/demand imbalance worries amid a coronavirus pandemic that has crippled economic activity and dwindled U.S. exports. The July Nymex contract dropped 11.5 cents day/day and settled at $1.482 /MMBtu — a fourth-consecutive day of…
June 25, 2020