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
Enterprise Drives Strong Natural Gas Pipeline Volumes, but Low Prices Weigh on Profits
Enterprise Products Partners LP reported company-record natural gas pipeline volumes, accommodating steadily robust production. However, the second quarter top and bottom lines declined amid weakened prices. Still, the Houston-based midstream company continues to expand its infrastructure in the prolific Permian Basin to increase capacity and meet expectations of long-term demand for natural gas, liquids and…
August 3, 2023
August Natural Gas Bidweek Prices Advance as Western Heat Bolsters Demand
Natural gas prices gained ground in August bidweek trading as markets in the West spiked amid sizzling high temperatures and ubiquitous cooling demand. NGI’s August Bidweek National Avg., covering July 25-27, climbed 3.5 cents month/month to average $2.595/MMBtu. However, the average was still down notably from August 2022, when it clocked in at $8.765 due…
August 1, 2023
Natural Gas Futures Called Lower Amid Strong Supplies
Natural gas futures lost ground Monday as production held strong and power burns eased following a weekend of regionally milder weather. At A Glance: Output near 101 Bcf/d August looks to be hot Storage strong Coming off a 4.3-cent gain in its debut as the front month on Friday, the September Nymex gas futures contract…
August 1, 2023
With Robust Production, September Natural Gas Futures Fail to Sustain Momentum; Sideways Spot Prices
Natural gas futures lost ground Monday as production held strong and power burns eased following a weekend of regionally milder weather. At A Glance: Output near 101 Bcf/d August looks to be hot Storage strong for now Coming off a 4.3-cent gain in its debut as the front month on Friday, the September Nymex gas…
July 31, 2023
Extreme Heat Drives Weekly Natural Gas Price Momentum; Plump Supplies Weigh on Futures
Weekly natural gas cash prices rallied for a third straight time, propelled by record heat and surging cooling demand. NGI’s Weekly Spot Gas National Avg. for the July 24-28 period jumped 26.5 cents to $2.885, despite a late week selloff following a force majeure in West Texas and ahead of an expected reprieve from toasty…
July 28, 2023
Positive Debut for September Natural Gas Futures as Front Month, but Price Headwinds Persist
Natural gas futures found fresh footing on Friday, fueled by strong near-term weather demand, and the September contract posted a solid gain to kick off its run as the prompt month. At A Glance: Mixed weather readings Production holds steady Strong storage supplies September Nymex gas futures settled at $2.638/MMBtu, up 4.3 cents day/day. October…
July 28, 2023
August Natural Gas Futures Contract Limps into Expiration
Natural gas futures floundered on Thursday, hampered by strong production and fresh inventory data that confirmed supplies in storage remain robust even amid peak summer demand. The August Nymex gas futures contract shed 17.3 cents day/day and settled at $2.492/MMBtu before rolling off the books. September, which takes over as the prompt month on Friday,…
July 28, 2023
With Stout Supplies, Bears Pummel August Natural Gas Futures into Expiry; Spot Prices Slip
Natural gas futures floundered on Thursday, hampered by strong production and fresh inventory data that confirmed supplies in storage remain robust even amid peak summer demand. The August Nymex gas futures contract shed 17.3 cents day/day and settled at $2.492/MMBtu before rolling off the books. September, which takes over as the prompt month on Friday,…
July 27, 2023
Natural Gas Futures Under Pressure Amid Hefty Supply Data
Natural gas futures floundered on Wednesday, continuing a topsy-turvy trading trend as market participants weighed continued strong supplies against robust – but varying – cooling demand and forecasts for more of the same. At A Glance: BREAKING: U.S. EIA reports 16 Bcf injection Lofty forecasts ease some Production robust Following a 4.5-cent gain for the…
July 27, 2023
August Natural Gas Futures Struggle Under Weight of 16 Bcf Storage Print, Hefty Supplies
Utilities injected 16 Bcf of natural gas into storage for the week ended July 21, government data released Thursday showed. The U.S. Energy Information Administration (EIA) print modestly exceeded expectations, keeping supplies stout and applying pressure on Nymex natural gas futures. Ahead of the 10:30 a.m. ET report, the August futures contract was down 5.0…
July 27, 2023