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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

December Natural Gas Futures Plummet on Fading Weather Demand; Spot Prices Eke Out Gain

December Natural Gas Futures Plummet on Fading Weather Demand; Spot Prices Eke Out Gain

Despite robust export demand, bearish weather patterns and increased production weighed down natural gas futures on Monday. The December Nymex contract dropped 29.8 cents day/day and settled at $2.697/MMBtu to start the trading week. January fell 25.8 cents to $2.864. NGI’s Spot Gas National Avg. rose 3.0 cents to $2.630, as demand in the Northeast…

November 16, 2020
Northern Freeze, LNG Strength Push December Natural Gas Futures Higher

Northern Freeze, LNG Strength Push December Natural Gas Futures Higher

EIA reported an injection of 8 Bcf natural gas into storage Further improvement in weather-driven demand fueled gains Continued strong LNG levels also provided price support Further gradual improvement in weather-driven demand expectations and continued strength in export levels offset a bearish storage report and boosted natural gas futures on Friday.  The December Nymex contract…

November 16, 2020
EIA Says Natural Gas Storage Closes Traditional Injection Season Near Record Levels

EIA Says Natural Gas Storage Closes Traditional Injection Season Near Record Levels

Lower 48 working natural gas in storage finished the traditional injection season — April 1–Oct. 31 — at 3,920 Bcf, near the record-high of 4,047 Bcf reached in 2016, the U.S. Energy Information Administration (EIA) said Monday. Storage has run high this fall in part because of diminished demand last spring amid lockdown orders put…

November 16, 2020
Weekly Natural Gas Prices Mount Comeback on Northern Cold Blast

Weekly Natural Gas Prices Mount Comeback on Northern Cold Blast

Weekly cash prices rebounded from the nosedive of a week earlier, lifted by a round of winter weather in the Northern Plains that gradually pushed eastward and galvanized heating demand over swaths of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the Nov. 9-13 period climbed 12.5 cents to $2.510. The week before,…

November 13, 2020
December Natural Gas Futures Finish in Green Despite Storage Injection

December Natural Gas Futures Finish in Green Despite Storage Injection

Further gradual improvement in weather-driven demand expectations and continued strength in export levels offset a bearish storage report and boosted natural gas futures on Friday.   The December Nymex contract gained 1.9 cents day/day and settled at $2.995/MMBtu. It had climbed as much as 10 cents higher in morning trading. January rose 2.8 cents to $3.122.…

November 13, 2020
December Natural Gas Futures Hold Onto Gains After Bearish Storage Report

December Natural Gas Futures Hold Onto Gains After Bearish Storage Report

The U.S. Energy Information Administration (EIA) on Friday reported an injection of 8 Bcf into storage for the week ending Nov. 6. The result was shy of expectations, but it did not subdue markets that had anticipated the second natural gas withdrawal of the season. EIA reported a pull of 36 Bcf from gas stockpiles…

November 13, 2020
December Natural Gas Futures Lose Ground Amid Demand Uncertainty

December Natural Gas Futures Lose Ground Amid Demand Uncertainty

Cold air boosted near-term demand, but outlook cloudy LNG feed gas volumes continued to improve Spot prices advances a fourth straight day Natural gas futures traded in a narrow range of gains and losses throughout most of Thursday’s session, as traders awaited more clarity on weather and storage levels. The December Nymex contract ultimately dipped…

November 13, 2020
December Natural Gas Futures Tread Lightly Ahead of Storage Report; Spot Prices Climb

December Natural Gas Futures Tread Lightly Ahead of Storage Report; Spot Prices Climb

Natural gas futures traded in a narrow range of gains and losses throughout most of Thursday’s session, as traders awaited more clarity on weather and storage levels. The December Nymex contract ultimately dipped lower late in the session and shed 5.5 cents day/day to settle at $2.976/MMBtu on Thursday. January fell 5.7 cents to $3.094.…

November 12, 2020
IEA Cuts Outlook for 2020 Global Oil Demand, Sees Fragile Rebound in 2021

IEA Cuts Outlook for 2020 Global Oil Demand, Sees Fragile Rebound in 2021

The International Energy Agency (IEA) on Thursday lowered its 2020 global oil demand forecast, citing the intensifying effects of the coronavirus pandemic in the United States and Europe. The Paris-based global energy watchdog dropped its 2020 forecast by 400,000 b/d and said it expects a contraction of 8.8 million b/d. IEA estimated global oil demand…

November 12, 2020
With Modest Weather Support, December Natural Gas Futures Sustain Momentum

With Modest Weather Support, December Natural Gas Futures Sustain Momentum

Slightly improved weather-driven demand and rising spot prices fueled gains Production has generally held steady and near 2020 lows this month Liquefied natural gas demand has proven strong for several weeks Slightly improved weather-driven demand and rising spot prices fueled a second-straight day of gains for natural gas futures. The December Nymex contract gained 8.2…

November 12, 2020