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Kevin Dobbs

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.

Kevin Dobbs's avatar

Senior Editor, Markets | Sioux Falls, SD

@KNatgas

email kevin.dobbs@naturalgasintel.com

Natural Gas Futures Dive Lower as EIA Prints Solid Storage Injection

Natural Gas Futures Dive Lower as EIA Prints Solid Storage Injection

Utilities injected 24 Bcf natural gas into storage for the week ended April 5, the U.S. Energy Information Administration (EIA) reported on Thursday. The result exceeded market expectations and kept pressure on Nymex natural gas futures. Ahead of the 10:30 a.m. ET government print, the May futures contract was down 6.5 cents at $1.820/MMBtu. The…

April 11, 2024
With Output Down and LNG Up, Natural Gas Bulls Extend Futures Parade; Spot Prices Slip

With Output Down and LNG Up, Natural Gas Bulls Extend Futures Parade; Spot Prices Slip

Natural gas futures advanced for a fourth consecutive session on Wednesday, with traders sharpening their collective focus on leaner production and recovering LNG export levels. These bullish factors countered weakening weather-driven demand and stout supplies in storage. At A Glance: Fourth straight prompt month gain Analysts anticipate modest injection Production hovers around 98 Bcf/d The…

April 10, 2024
Natural Gas Futures, Cash Prices Extend Gains Amid Supply Hits

Natural Gas Futures, Cash Prices Extend Gains Amid Supply Hits

Natural gas futures extended their winning ways on Tuesday, advancing for a third session amid lower production readings, signs of renewed LNG strength and bargain buying after a late-winter slump that spilled into the early spring. The May Nymex gas futures contract settled at $1.872/MMBtu, up 2.8 cents day/day. At A Glance: Production declines further…

April 10, 2024
May Natural Gas Futures Rally for Third Day as Maintenance Compounds Production Pullback

May Natural Gas Futures Rally for Third Day as Maintenance Compounds Production Pullback

Natural gas futures extended their winning ways on Tuesday, advancing for a third session amid lower production readings, signs of renewed LNG strength and bargain buying after a late-winter slump that spilled into the early spring. The May Nymex gas futures contract settled at $1.872/MMBtu, up 2.8 cents day/day. At A Glance: Production declines further…

April 9, 2024
May Natural Gas Futures Further Rally Amid Lighter Production, Expectations for Small Injection

May Natural Gas Futures Further Rally Amid Lighter Production, Expectations for Small Injection

Natural gas futures pushed ahead on Monday amid expectations for a seasonally modest storage injection and lower production that offset mild spring weather. At A Glance: Production holds below 100 Bcf/d Forecasts for benign weather NGI models 14 Bcf storage increase Coming off a modest 1.1-cent gain on Friday, the May Nymex gas futures contract…

April 9, 2024
As Production Slides, Natural Gas Futures Continue Upward Climb; Spot Prices Inch Ahead

As Production Slides, Natural Gas Futures Continue Upward Climb; Spot Prices Inch Ahead

Natural gas futures pushed ahead on Monday amid expectations for a seasonally modest storage injection and lower production that offset mild spring weather. At A Glance: Production holds below 100 Bcf/d Forecasts call for benign weather NGI models 14 Bcf storage increase Coming off a modest 1.1-cent gain on Friday, the May Nymex gas futures…

April 8, 2024
Weekly Natural Gas Spot Prices, Futures Uneven Amid Mixed Fundamentals

Weekly Natural Gas Spot Prices, Futures Uneven Amid Mixed Fundamentals

Weekly natural gas cash prices gained ground overall amid a rash of chilly northern temperatures, but pockets of weakness, particularly in West Texas, tempered the advance. NGI’s Weekly Spot Gas National Avg. for the April 1-5 period rose 16.0 cents to $1.460/MMBtu. As the trading week culminated, leading gainers included Michigan Consolidated, up 25.0 cents…

April 5, 2024
Natural Gas Futures Finish Trading Week on Positive Note, Bolstered by Supply Cuts; Cash Prices Cascade

Natural Gas Futures Finish Trading Week on Positive Note, Bolstered by Supply Cuts; Cash Prices Cascade

Natural gas futures found fresh footing on Friday, supported by expectations for an ongoing production pullback as well as economic vigor that continues to support industrial energy demand. At A Glance: Output holds under 100 Bcf/d Inventory surplus narrows  Weather forecast favors bears The May Nymex gas futures contract gained 1.1 cents day/day and settled…

April 5, 2024
Natural Gas Futures, Cas Prices Slump as Storage Draw Fails to Impress

Natural Gas Futures, Cas Prices Slump as Storage Draw Fails to Impress

Natural gas futures fell for a second straight session on Thursday, dragged lower by forecasts for benign weather and government inventory data that showed stout supplies in storage. At A Glance: EIA prints 37 Bcf withdrawal Outlook shifts to injections Weather demand softens Coming off a 2.1-cent loss the prior day, the May Nymex gas…

April 5, 2024
Natural Gas Futures Falter After Storage Print Affirms Lofty Supplies; Spot Prices Slide

Natural Gas Futures Falter After Storage Print Affirms Lofty Supplies; Spot Prices Slide

Natural gas futures fell for a second straight session on Thursday, dragged lower by forecasts for benign weather and government inventory data that showed stout supplies in storage. At A Glance: EIA prints 37 Bcf withdrawal Outlook shifts to injections Weather demand softens Coming off a 2.1-cent loss the prior day, the May Nymex gas…

April 4, 2024