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
Impressive Heat, Lighter Production Bolster Natural Gas Futures
Natural gas futures flourished for the first time in five sessions on Tuesday, mounting momentum alongside lofty temperatures and hints of lighter production. Coming off a four-day slump, the August Nymex gas futures contract settled at $2.629/MMBtu, up 11.7 cents day/day. September advanced 11.4 cents to $2.618. NGI’s Spot Gas National Avg. shed 3.0 cents…
July 19, 2023
Natural Gas Futures Rebound Amid Blistering Heat, Sliding Production; Spot Prices Level Off
Natural gas futures flourished for the first time in five sessions on Tuesday, mounting momentum alongside lofty temperatures and hints of lighter production. Coming off a four-day slump, the August Nymex gas futures contract settled at $2.629/MMBtu, up 11.7 cents day/day. September advanced 11.4 cents to $2.618. NGI’s Spot Gas National Avg. shed 3.0 cents…
July 18, 2023
Sizzling Temperatures Fail to Propel July Natural Gas Futures
Natural gas futures fell again Monday, losing ground for a fourth consecutive regular session amid ongoing supply/demand imbalance concerns. The August Nymex gas futures contract lost 2.7 cents day/day and settled at $2.512/MMBtu. September slid 2.6 cents to $2.504. At A Glance: Prompt month sheds 2.7 cents Weather demand strong Production, storage elevated Cash markets,…
July 18, 2023
Natural Gas Futures Falter Fourth Straight Day Despite Scorching Heat; Cash Prices Climb
Natural gas futures fell again Monday, losing ground for a fourth consecutive regular session amid ongoing supply/demand imbalance concerns. The August Nymex gas futures contract lost 2.7 cents day/day and settled at $2.512/MMBtu. September slid 2.6 cents to $2.504. At A Glance: Prompt month sheds 2.7 cents U.S. production holds strong Weather demand endures Cash…
July 17, 2023
Heat Wave Returns Weekly Natural Gas Cash Prices to Winning Ways; Futures Fizzle
Weekly natural gas cash prices regained momentum amid scorching temperatures and strong cooling demand across much of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the July 10-14 period advanced 2.5 cents to $2.420. The average had slipped 23.5 cents the prior week to end a month-long rally. Weather during the past week…
July 14, 2023
Natural Gas Futures Struggle to Find Direction Amid Dubious Outlook; Cash Prices Climb
Natural gas futures seesawed within a narrow range of gains and losses Friday, as traders weighed strong near-term cooling demand against light LNG volumes and abundant supplies. The August Nymex gas futures contract ultimately settled at $2.539/MMBtu, down six-tenths of a cent day/day. September shed four-tenths of a cent to $2.530. NGI’s Spot Gas National…
July 14, 2023
Natural Gas Futures Struggle Under Weight of Strong Production, Robust Supplies
Natural gas futures faltered after the government’s latest inventory report showed continued plump supplies in underground storage. The print overshadowed forecasts for intense heat through the rest of July and pushed the prompt month lower for a second straight day. After shedding 9.9 cents the prior session, the August Nymex gas futures contract on Thursday…
July 14, 2023
Natural Gas Futures Decline a Second Day as Robust Storage Supplies Galvanize Bears
Natural gas futures faltered after the government’s latest inventory report showed continued plump supplies in underground storage. The print overshadowed forecasts for intense heat through the rest of July and pushed the prompt month lower for a second straight day. After shedding 9.9 cents the prior session, the August Nymex gas futures contract on Thursday…
July 13, 2023
August Natural Gas Futures Slide Following 49 Bcf Storage Injection
The U.S. Energy Information Administration (EIA) on Thursday reported an injection of 49 Bcf natural gas into storage for the week ended July 7. The result came close to market expectations and left Nymex natural gas futures weaker in early trading. The August futures contract was trading in a narrow range and down 1.2 cents…
July 13, 2023
Natural Gas Futures, Cash Prices Cascade as Focus Shifts to Stout Supplies
Following back-to-back gains, natural gas futures faltered Wednesday, held in check by meager export volumes and expectations for the next government inventory report to show continued stout supplies in underground storage. The August Nymex gas futures contract settled at $2.632/MMBtu, down 9.9 cents day/day. September shed 9.5 cents to $2.597. NGI’s Spot Gas National Avg.…
July 13, 2023