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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

Associate Editor, Markets | Sioux Falls, SD

@KNatgas

email kevin.dobbs@naturalgasintel.com

August Natural Gas Futures Extend Rally as Demand Picture Brightens

August Natural Gas Futures Extend Rally as Demand Picture Brightens

August natural gas futures on Friday continued a rally ignited a day earlier as storage capacity concerns eased and robust power burns pointed to continued strong summer demand. The August Nymex contract gained 2.3 cents day/day and settled at $1.808/MMBtu Friday. That followed a double-digit advance on Thursday, which pushed futures to a two-week high.…

July 24, 2020
Light Storage Injection Fuels Surge in August Natural Gas Futures

Light Storage Injection Fuels Surge in August Natural Gas Futures

A modest storage injection eased containment concerns and overshadowed worries imposed by the coronavirus pandemic The EIA reported an injection of 37 Bcf that served as evidence that robust summer heat is driving strong cooling demand Spot prices advanced alongside continued lofty temperatures August natural gas futures advanced on Thursday as a modest storage injection…

July 24, 2020
Storage Report Points to Tightening Balance, Igniting August Natural Gas Futures Rally

Storage Report Points to Tightening Balance, Igniting August Natural Gas Futures Rally

August natural gas futures advanced on Thursday as a modest storage injection eased containment concerns and overshadowed worries imposed by the ongoing coronavirus pandemic. The August Nymex contract climbed 10.4 cents day/day and settled at $1.796/MMBtu. September rose 11.7 cents to $1.843.  NGI’s Spot Gas National Avg. was up 1.0 cent to $1.610. The Energy…

July 23, 2020
Calls for Bullish Storage Report Prop Up August Natural Gas Futures

Calls for Bullish Storage Report Prop Up August Natural Gas Futures

U.S. EIA reports an injection of 37 Bcf into storage for the week ending July 17, marking the fourth consecutive week of double-digit builds Mounting coronavirus cases continue to weigh on domestic industrial gas demand and U.S. exports Traders shrugged off early weather concerns Wednesday and nudged August natural gas futures higher as major polls…

July 23, 2020
Light Storage Injection Drives August Natural Gas Futures Higher

Light Storage Injection Drives August Natural Gas Futures Higher

The U.S. Energy Information Administration (EIA) reported an injection of 37 Bcf into storage for the week ending July 17, marking the fourth consecutive week of double-digit builds and pushing Nymex natural gas futures higher. Ahead of the report, the August contract was up seven-tenths of a cent at $1.688/MMBtu. The prompt month declined slightly…

July 23, 2020
August Natural Gas Futures Find Momentum Amid Expectations for Lower Storage Build

August Natural Gas Futures Find Momentum Amid Expectations for Lower Storage Build

Traders shrugged off early weather concerns Wednesday and nudged August natural gas futures higher as major polls showed expectations for a positive storage injection report that would reflect improved supply/demand balance. The August Nymex contract rose six-tenths of a cent day/day and settled at $1.681/MMBtu. September climbed four-tenths of a cent to $1.718.  NGI’s Spot…

July 22, 2020
Cooling Demand Stays Strong Enough to Boost August Natural Gas Futures

Cooling Demand Stays Strong Enough to Boost August Natural Gas Futures

Expectations for strong near-term cooling needs buoyed gas prices New indications that U.S. exports could recover later in 2020 proved another positive Fallout from the coronavirus remains a major wildcard August natural gas futures gathered momentum on Tuesday, buoyed by expectations for strong near-term cooling demand and new indications that U.S. exports could recover later…

July 22, 2020
August Natural Gas Futures Recover Ground Amid Cooling Demand Expectations, Signs of LNG Improvement

August Natural Gas Futures Recover Ground Amid Cooling Demand Expectations, Signs of LNG Improvement

August natural gas futures gathered momentum on Tuesday, buoyed by expectations for strong near-term cooling demand and new indications that U.S. exports could recover later in 2020. The August Nymex contract climbed 3.4 cents day/day and settled at $1.675/MMBtu. September gained 3.0 cents to $1.714.  NGI’s Spot Gas National Avg. lost a half-cent to $1.615.…

July 21, 2020
Cooler Forecasts and Broader Demand Concerns Weigh on August Natural Gas Futures

Cooler Forecasts and Broader Demand Concerns Weigh on August Natural Gas Futures

Absent other demand catalysts, a modest pullback in the intensity of heat expected by forecasters was enough to push down August natural gas futures Increased spread of the coronavirus in recent weeks has raised concerns about a second economic slump Against that backdrop, worries about meager export levels linger Absent other demand catalysts, a modest…

July 21, 2020
August Natural Gas Futures Dive Lower Following Forecasts for Easing Heat Intensity

August Natural Gas Futures Dive Lower Following Forecasts for Easing Heat Intensity

Absent other demand catalysts, a modest pullback in the intensity of heat expected by forecasters was enough to push down August natural gas futures on Monday as coronavirus concerns and worries about meager export levels lingered. The August Nymex contract declined 7.7 cents day/day and settled at $1.641/MMBtu. Futures were off more than 10 cents…

July 20, 2020