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, Cash Prices Falter as Autumn Nears, Hurricane Chills Approach East Coast
Prompt-month natural gas futures fell for the first time in five sessions amid export uncertainty, cooling weather and the specter of hurricane conditions dropping temperatures further on the East Coast. At A Glance: Front month loses 6.3 cents Hurricane Lee approaches U.S. Production remains off slightly The October Nymex natural gas futures contract on Wednesday…
September 13, 2023
Lower Permian Production Sends October Natural Gas Futures into Rally Mode
Natural gas futures may be mired in a narrow range, but prices continue to edge upward. On Tuesday, the prompt month got a boost from falling production levels in the Permian Basin, a development that brought total output below the 100 Bcf/d level — a rare occurrence late in the summer of 2023. At A…
September 13, 2023
Bolstered by Production Hit, Natural Gas Futures Climb a Fourth Straight Day; Cash Prices Follow Suit
Natural gas futures may be mired in a narrow range, but prices continue to edge upward. On Tuesday, the prompt month got a boost from falling production levels in the Permian Basin, a development that brought total output below the 100 Bcf/d level — a rare occurrence late in the summer of 2023. The October…
September 12, 2023
Absent Weather Catalyst, October Natural Gas Futures Tread Water
Natural gas futures traded in a tight range of gains and losses to kick off the trading week, and the front month ultimately trended up slightly despite falling temperatures and waning weather-driven demand. Coming off back-to-back modest gains to close out last week, the October Nymex gas futures contract on Monday settled at $2.608/MMBtu, up…
September 12, 2023
Natural Gas Futures Stuck in Narrow Trading Band as Weather Demand Subsides; Spot Prices Advance
Natural gas futures traded in a tight range of gains and losses to kick off the trading week, and the front month ultimately trended up slightly despite falling temperatures and waning weather-driven demand. At A Glance: Prompt month posts tiny gain Production above 100 Bcf/d NGI models 52 Bcf injection Coming off back-to-back modest gains…
September 11, 2023
Bolstered by Late Summer Heat, Weekly Natural Gas Prices Creep Up Even as Futures Falter
Weekly natural gas cash prices posted a modest late-summer gain as heat festered in key regions, driving enough cooling demand to support the national average to kick off September. NGI’s Weekly Spot Gas National Avg. for the holiday-shortened Sept. 5-8 trading period rose 6.5 cents to $2.355. While forecasts pointed to an easing of the…
September 8, 2023
Natural Gas Futures Steady Amid Mixed Supply/Demand Outlook; Cash Prices Dip
Natural gas futures trended up slightly for a second day as traders weighed strong near-term demand against looming autumn weather and strong supplies. The October Nymex gas futures contract settled at $2.605 /MMBtu, up 2.6 cents day/day. At A Glance: Front month gains 2.6 cents Weather shift in the cards Production near 101 Bcf/d NGI’s…
September 8, 2023
Weak Inventory Print Powers Natural Gas Futures Rally
Natural gas futures rallied for the first time this week, powering forward after a bullish government inventory report eased concerns about supply/demand imbalance. The October Nymex gas futures contract gained 6.9 cents day/day and settled at $2.579/MMBtu. November rose 1.5 cents to $2.958. NGI’s Spot Gas National Avg. followed suit, advancing 3.0 cents to $2.400.…
September 8, 2023
Natural Gas Futures, Spot Prices Rally on Enduring Texas Heat and South Central Storage Draw
Natural gas futures rallied for the first time this week, powering forward after a bullish government inventory report eased concerns about supply/demand imbalance. The October Nymex gas futures contract gained 6.9 cents day/day and settled at $2.579/MMBtu. November rose 1.5 cents to $2.958. NGI’s Spot Gas National Avg. followed suit, advancing 3.0 cents to $2.400.…
September 7, 2023
Natural Gas Futures Pressured as Cool Air Approaches
The U.S. Energy Information Administration (EIA) on Thursday reported an injection of 33 Bcf natural gas into storage for the week ended Sept. 1. The result fell well short of market expectations, providing a boost for Nymex natural gas futures. At A Glance: BREAKING: U.S. EIA reports 33 Bcf injection Production strong Prompt month sheds…
September 7, 2023