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 Falter Again, Dragged Lower by Looming Cooldown; Cash Prices Creep Up
Natural gas futures on Wednesday picked up where they left off the prior session – mired in the red as traders braced for autumn weather and lighter demand. At A Glance: Prompt month sheds 7.2 cents Northeast production slips Market sees 40s Bcf injection Following an 18.3-cent drop a day earlier, the October Nymex gas…
September 6, 2023
With Output Steady and Demand Poised to Wane, Natural Gas Futures Fall
Natural gas futures flopped to start the first full week of September as production held strong and forecasts pointed to waning cooling demand as the month wears on. Coming off a cumulative 9% gain over the course of last week, the October Nymex gas futures contract on Tuesday dropped 18.3 cents day/day and settled at…
September 6, 2023
Natural Gas Futures, Cash Price Volatility Persist Amid Mixed Weather Outlook, Uncertain Production
Natural gas futures flopped to start the first full week of September as production held strong and forecasts pointed to waning cooling demand as the month wears on. Coming off a cumulative 9% gain over the course of last week, the October Nymex gas futures contract on Tuesday dropped 18.3 cents day/day and settled at…
September 5, 2023
Weekly Natural Gas Prices Waver Amid Break from Searing Summer Heat
Weekly cash prices gave up ground amid a reprieve from summer heat in the West and cooler air ushered in by Hurricane Idalia. NGI’s Weekly Spot Gas National Avg. for the Aug. 31-Sept. 1 period slipped 1.0 cent to $2.290. Conditions during the period were impacted by fallout from Idalia’s brief but powerful impact on…
September 1, 2023
Natural Gas Futures, Spot Prices Tread Lightly Amid Signs of Supply/Demand Balance
Natural gas futures finished the week on a flat note, despite expectations for robust demand through mid-September and moderating production levels. At A Glance: Prompt month ticks lower Heatwave to drive demand Inventory surplus narrows The October Nymex gas futures contract on Friday shed three-tenths of a cent day/day and settled at $2.765/MMBtu. NGI’s Spot…
September 1, 2023
Natural Gas Futures, Spot Prices Sputter After Lean Storage Report
Natural gas futures forged ahead most of Thursday, building further momentum after a government inventory report pointed to narrowing storage surpluses and forecasts showed another heatwave on the way in September. Still, the prompt month slipped into the red in afternoon trading amid profit-taking. Coming off the prior session’s 13.4-cent bounce, the October Nymex gas…
September 1, 2023
Natural Gas Futures Fail to Extend Rally Following Seasonally Light Storage Print; Spot Prices Slip
Natural gas futures forged ahead most of Thursday, building further momentum after a government inventory report pointed to narrowing storage surpluses and forecasts showed another heatwave on the way in September. Still, the prompt month slipped into the red in afternoon trading amid profit-taking. Coming off the prior session’s 13.4-cent bounce, the October Nymex gas…
August 31, 2023
October Natural Gas Futures Muster Modest Momentum After 32 Bcf Storage Print
The U.S. Energy Information Administration (EIA) on Thursday reported an injection of 32 Bcf natural gas into storage for the week ended Aug. 25. The result exceeded market expectations but proved lean relative to prior years, leaving Nymex natural gas futures trading in a narrow range. Ahead of the 10:30 a.m. ET government report, the…
August 31, 2023
Gazprom’s Natural Gas Export Woes Bode Well for Growing American LNG Complex
Citing fallout from the war in Ukraine, Russian natural gas behemoth Gazprom PJSC said its net income for the first half of 2023 plummeted. The steep drop came after Russia cut off most exports to Europe last year after it invaded Ukraine. The continent has also reduced its reliance on Russian natural gas, turning instead…
August 30, 2023
Transco’s Appalachian Natural Gas Expansion Faces Possible Legal Hurdles as Capacity Necessity Debated
Several states have joined a lawsuit filed against FERC by environmental groups that oppose the Transcontinental Gas Pipe Line Co. LLC’s (Transco) Regional Energy Access Expansion Project (REAE), raising the specter of a drawn-out battle. The REAE would expand Transco’s existing interstate pipeline system to move another 829.4 MMcf/d of natural gas. In addition to…
August 29, 2023